Financing Agreements (Narrative) (Details) - USD ($) |
3 Months Ended | |||
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Sep. 12, 2014 |
Sep. 30, 2015 |
Sep. 30, 2014 |
Jun. 30, 2015 |
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Schedule Of Financing Arrangements [Line Items] | ||||
Liability on borrowed metals | $ 4,009,000 | $ 9,500,000 | ||
Product financing obligation | 50,030,000 | $ 39,425,000 | ||
Line of Credit | Trading credit facility | ||||
Schedule Of Financing Arrangements [Line Items] | ||||
Interest expense, notes payable | $ 1,100,000 | $ 900,000 | ||
Percentage of total expense recognized | 92.10% | 87.80% | ||
Effective rate of interest | 2.83% | 3.06% | ||
Line of Credit | Trading credit facility | A-Mark | Trading credit facility | ||||
Schedule Of Financing Arrangements [Line Items] | ||||
Line of credit, maximum borrowing capacity | $ 205,000,000 | |||
Variable rate basis | one-month LIBOR | |||
Credit facility, interest rate at period end | 0.19% | 0.19% | ||
Borrowings due on demand | $ 176,900,000 | $ 147,000,000 | ||
Credit facility, remaining borrowing capacity | $ 34,300,000 | |||
Credit facility, minimum required tangible net worth | $ 35,000,000 |
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- Definition Interest Expense, Debt, as Percentage of Total Expense Recognized No definition available.
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- Definition Libility on precious metals from third parties, as of the balance sheet date that must be repaid within one year (or the normal operating cycle, if longer). No definition available.
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- Definition LIBOR Interest Rate No definition available.
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- Definition Line of Credit Facility, Covenants, Minimum Tangible Net Worth Required No definition available.
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- Definition Obligation Under Product Financing Agreement - amount required to repurchase outstanding inventory under product financing agreement with a third party for the sale of gold and silver. Such agreement allows the Company to repurchase outstanding inventory at an agreed-upon price based on the spot price on the repurchase date. No definition available.
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- Definition Schedule Of Financing Arrangements [Line Items] No definition available.
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- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. No definition available.
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- Definition The average effective interest rate during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense for debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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