XML 121 R62.htm IDEA: XBRL DOCUMENT v3.22.2
TERM LOANS AND REVOLVING CREDIT FACILITY (Details) - USD ($)
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended 33 Months Ended
Jun. 23, 2021
Jun. 30, 2027
Dec. 31, 2022
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2023
Dec. 31, 2021
Dec. 31, 2026
Jun. 21, 2022
Dec. 17, 2021
Dec. 19, 2018
Revolving Credit Facility                          
Debt Instrument [Line Items]                          
Debt instrument, term 4 years                        
Borrowing capacity credit facility $ 200,000,000                        
Operating value       $ 135,000,000   $ 135,000,000              
Financial covenant, net asset value       1,100,000,000   1,100,000,000              
Revolving credit facility       80,000,000   80,000,000     $ 80,000,000        
Interest on revolving facility       1,227,000 $ 30,000 2,327,000 $ 30,000            
Amortization of deferred financing costs       $ 145,000 13,000 $ 288,000 13,000            
Revolving facility interest rate           6.13%     4.67%        
BRPAC Credit Agreement | Forecast                          
Debt Instrument [Line Items]                          
Quarterly installments for term loan   $ 2,813,000 $ 2,813,000         $ 4,688,000   $ 3,750,000      
BRPAC Credit Agreement | Credit Parties                          
Debt Instrument [Line Items]                          
Rate of equity interests                         100.00%
BRPAC Credit Agreement | United Online Software Development (India) Private Limited                          
Debt Instrument [Line Items]                          
Rate of equity interests                         65.00%
BRPAC Credit Agreement | MagicJack VocalTec LTD                          
Debt Instrument [Line Items]                          
Rate of equity interests                         65.00%
BRPAC Credit Agreement | BRPI Acquisition Co LLC | City National Bank                          
Debt Instrument [Line Items]                          
Amortization of deferred debt issuance costs           $ 860,000     $ 582,000        
Minimum | BRPAC Credit Agreement | BRPI Acquisition Co LLC                          
Debt Instrument [Line Items]                          
Interest rate       2.75%   2.75%              
Maximum | BRPAC Credit Agreement | BRPI Acquisition Co LLC                          
Debt Instrument [Line Items]                          
Interest rate       3.50%   3.50%              
Term Loan                          
Debt Instrument [Line Items]                          
Term loan facility amortize in equal installments percentage           1.25%              
Term loan facility amount           $ 3,750,000              
Outstanding balance       $ 293,676,000   293,676,000     292,650,000        
Unamortized debt issuance costs           6,324,000     $ 7,350,000        
Interest on the term loan       4,735,000 236,000 8,837,000 236,000            
Amortization of deferred debt issuance costs       $ 516,000 30,000 $ 1,025,000 30,000            
Interest rate       6.65%   6.65%     4.72%        
Term Loan | Revolving Credit Facility                          
Debt Instrument [Line Items]                          
Debt instrument, term 4 years                        
Secured loan $ 80,000,000                        
Term Loan | BRPAC Credit Agreement | BRPI Acquisition Co LLC                          
Debt Instrument [Line Items]                          
Interest rate       4.66%   4.66%     3.17%        
Outstanding balance       $ 74,140,000   $ 74,140,000     $ 53,735,000        
Amortization of deferred debt issuance costs       99,000 77,000 171,000 157,000            
Interest expense       $ 578,000 $ 663,000 $ 1,080,000 $ 1,377,000            
Second Amendment                          
Debt Instrument [Line Items]                          
Aggregate principal amount                       $ 100,000,000  
Fourth Amendment | BRPAC Credit Agreement                          
Debt Instrument [Line Items]                          
Aggregate principal amount                     $ 75,000,000    
Interest rate                     3.50%    
Eurodollar                          
Debt Instrument [Line Items]                          
Interest rate       4.50%   4.50%              
Base Rate                          
Debt Instrument [Line Items]                          
Interest rate       3.50%   3.50%