• Filing Date: 2018-08-20
  • Form Type: 10-Q
  • Description: Quarterly report
v3.10.0.1
Fair Value Measurements - Narrative (Details)
claim in Thousands, $ in Thousands
6 Months Ended
Jun. 30, 2018
USD ($)
contract
policy
carrier
claim
Dec. 31, 2017
USD ($)
contract
Jul. 28, 2017
Jun. 30, 2017
Apr. 18, 2017
Dec. 29, 2016
contract
Feb. 28, 2014
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Mortality rate (as percent) 100.00%            
Number of life insurance policies (contracts) | contract 596 608          
Life insurance estimated fair value $ 569,373 $ 567,492          
Weighted average discount rate (as percent) 15.93%            
8.5% Senior Secured Notes              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Stated interest rate (as percent)     8.50%        
8.50% Senior Unsecured Convertible Notes              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Stated interest rate (as percent) 8.50%     8.50%      
8.50% Senior Unsecured Convertible Notes | Convertible Notes              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Stated interest rate (as percent)             8.50%
5.0% Senior Unsecured Convertible Notes Due 2023              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Stated interest rate (as percent) 5.00%            
5.0% Senior Unsecured Convertible Notes Due 2023 | Convertible Notes              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Stated interest rate (as percent)         5.00%    
Revolving Credit Facility              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Fair value of outstanding debt $ 353,387            
White Eagle | Revolving Credit Facility              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Fair value of outstanding debt 353,400            
Revolving credit facility debt, outstanding $ 355,600            
White Eagle | Revolving Credit Facility | Collateral pledged              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Number of life insurance policies (contracts) | contract 594         190  
Life insurance estimated fair value $ 568,400            
Variable Interest Entity | White Eagle Credit Facility              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Fair value of outstanding debt $ 353,400            
Minimum | White Eagle | Revolving Credit Facility              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Line of credit, loan to value ratio (as percent) 45.00%            
Premium Financed              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Number of life insurance policies (contracts) | contract 520            
Non Premium Financed              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Number of life insurance policies (contracts) | contract 76            
Noninvestment grade              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Number of carriers related to non-investment grade policies | carrier 3            
Number of life insurance policies (contracts) | policy 19            
Additional basis points 3.00%            
Valuation Basic Table 2015              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Number of policies | policy 266,000,000            
Number of claims on policies | claim 2,550            
Number of carriers related to non-investment grade policies | carrier 51            
Impaired life bearing              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Mortality rate (as percent) 200.00%            
Measurement Input, Discount Rate | Premium Financed | Minimum              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Life settlement contracts, measurement input 0.1550            
Measurement Input, Discount Rate | Premium Financed | Maximum              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Life settlement contracts, measurement input 0.2150            
Measurement Input, Discount Rate | Non Premium Financed | Minimum              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Life settlement contracts, measurement input 0.1150            
Measurement Input, Discount Rate | Non Premium Financed | Maximum              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Life settlement contracts, measurement input 0.1750            
Measurement Input, Discount Rate | Life Finance              
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]              
Life settlement contracts, measurement input 0.1593 0.1595