Life Time Group Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Debt - Term Loan Facility (Details)

v3.22.2.2

Debt - Term Loan Facility (Details) - USD ($) $ in Thousands			9 Months Ended
	Oct. 13, 2021	Jan. 22, 2021	Sep. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Outstanding balance			$ 1,809,983
Term Loan Facility
Debt Instrument [Line Items]
Aggregate principal amount		$ 850,000
Amortization interest rate		0.25%
Mandatory quarterly principal repayments		$ 2,100
Repayments of debt	$ 575,700
Prepayment penalty	$ 5,700
Outstanding balance			$ 273,625	$ 273,625
Interest rate floor			1.00%
Term Loan Facility \| LIBOR
Debt Instrument [Line Items]
Basis spread on variable interest rate			4.75%
Term Loan Facility \| Base rate
Debt Instrument [Line Items]
Basis spread on variable interest rate			3.75%

- Definition

Debt Instrument, Floor Interest Rate

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- Definition

Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.

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- Definition

Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium.

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