XML 16 R54.htm IDEA: XBRL DOCUMENT v2.4.0.6
Liquidity and Capital Resources (Details 4) (USD $)
In Millions, unless otherwise specified
12 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 12 Months Ended
Jun. 30, 2010
Reducing Note Facility - Bank of Scotland
Dec. 31, 2012
BoS Facility A
Dec. 31, 2011
BoS Facility A
Dec. 31, 2012
BoS Facility A
FH Partners LLC
Dec. 31, 2011
BoS Facility A
FC Commercial
Dec. 31, 2011
BoS Facility B
Dec. 31, 2012
BoS Facility B
FLBG2
Mar. 31, 2012
BoA Loan
Dec. 31, 2012
BoA Loan
Nov. 20, 2011
BoA Loan
Dec. 31, 2011
BoA Loan
FH Partners LLC
Dec. 31, 2012
BoA Loan
FH Partners LLC
Dec. 31, 2012
BoA Loan
FH Partners LLC
June 30, 2012
Dec. 31, 2012
BoA Loan
FH Partners LLC
December 31, 2012
Dec. 31, 2012
BoA Loan
FH Partners LLC
June 30, 2013
Dec. 31, 2012
BoA Loan
FH Partners LLC
December 31, 2013
Dec. 31, 2012
BoA Loan
FH Partners LLC
June 30, 2014
Dec. 31, 2012
BoA Loan
FH Partners LLC
December 31, 2014
Dec. 31, 2012
BoA Loan
FC Servicing
2011 Debt Refinancing - Bank of Scotland                                      
Unpaid principal balance   $ 31.1 $ 173.2   $ 94.8   $ 25.0         $ 16.2              
Debt assumed           25.0                          
Reductions in debt, net proceeds obtained under new credit facility                     53.4                
Primary terms and conditions                                      
Unamortized fair value discount   1.1                                  
Stated interest rate (as a percent)   0.25%                                  
Amount of an outstanding letter of credit   5.4                                  
Management fee as a percentage of the monthly collections from the underlying pledged assets other than subsidiary assets   10.00%                                  
Management fee as a percentage of the monthly collections from subsidiary assets       5.00%     10.00%                        
Servicing fee as a percentage of the monthly collections from the pledged assets       5.00%                              
Servicing fee as a percentage of the monthly collections from subsidiary assets after payment of the BoA Loan       10.00%         5.00%                    
Tangible net worth required to be maintained   90.0                                  
Prior period over which no value allocated to assets of subsidiary             3 years                        
Maximum borrowing capacity 268.6                 50.0                  
Maximum principal balance outstanding                         45.0 30.0 25.0 20.0 15.0 10.0  
Initial maturity extended period                                   1 year  
Annual interest rate base                       LIBOR              
Interest rate added to annual interest base rates (as a percent)                       2.75%              
Debt service coverage ratio required to be maintained               1.4                      
Net worth required to be maintained                                     $ 1.0