SENIOR TERM LOAN (Details Narrative) - USD ($) |
6 Months Ended | 12 Months Ended | |||
---|---|---|---|---|---|
Jun. 30, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
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Offsetting Assets [Line Items] | |||||
Senior term loan | [1] | $ 36,834,000 | |||
Airspan [Member] | |||||
Offsetting Assets [Line Items] | |||||
Senior term loan | $ 44,000,000.0 | ||||
Accrued interest | $ 1,200 | $ 25,000,000.0 | |||
Tranche 1 Level I [Member] | |||||
Offsetting Assets [Line Items] | |||||
Net EBITDA Leverage Ratio | Less than or equal to 2.00:1.00 | ||||
Base Rate Loan | The applicable rate is the Base Rate plus 6.00% per annum, of which the Margin Cash Component is 5.50% and the Margin PIK Component is 0.50% | ||||
LIBOR Loan | The applicable rate is LIBOR plus 7.00% per annum, of which the Margin Cash Component is 5.50% and the Margin | ||||
Tranche 1 Level I I [Member] | |||||
Offsetting Assets [Line Items] | |||||
Net EBITDA Leverage Ratio | Less than or equal to 3.00:1.00 but greater than 2.00:1.00 | ||||
Base Rate Loan | The applicable rate is the Base Rate plus 7.00% per annum, of which the Margin Cash Component is 5.50% and the Margin PIK Component is 1.50% | ||||
LIBOR Loan | The applicable rate is LIBOR plus 8.00% per annum, of which the Margin Cash Component is 5.50% and the Margin PIK Component is 2.50% | ||||
Tranche 1 Level I I I [Member] | |||||
Offsetting Assets [Line Items] | |||||
Net EBITDA Leverage Ratio | Less than or equal to 4.00:1.00 but greater than 3.00:1.00 | ||||
Base Rate Loan | The applicable rate is the Base Rate plus 8.00% per annum, of which the Margin Cash Component is 5.50% and the Margin PIK Component is 2.50% | ||||
LIBOR Loan | The applicable rate is LIBOR plus 9.00% per annum, of which the Margin Cash Component is 5.50% and the Margin PIK Component is 3.50% | ||||
Tranche 1 Level I V [Member] | |||||
Offsetting Assets [Line Items] | |||||
Net EBITDA Leverage Ratio | Less than or equal to 5.00:1.00 but greater than 4.00:1.00 | ||||
Base Rate Loan | The applicable rate is the Base Rate plus 9.00% per annum, of which the Margin Cash Component is 5.50% and the Margin PIK Component is 3.50% | ||||
LIBOR Loan | The applicable rate is LIBOR plus 10.00% per annum, of which the Margin Cash Component is 5.50% and the Margin PIK Component is 4.50% | ||||
Tranche 1 Level V [Member] | |||||
Offsetting Assets [Line Items] | |||||
Net EBITDA Leverage Ratio | Greater than 5.00:1.00 | ||||
Base Rate Loan | The applicable rate is the Base Rate plus 10.00% per annum, of which the Margin Cash Component is 5.50% and the Margin PIK Component is 4.50% | ||||
LIBOR Loan | The applicable rate is LIBOR plus 11.00% per annum, of which the Margin Cash Component is 5.50% and the Margin PIK Component is 5.50% | ||||
Fortress Credit Agreement [Member] | |||||
Offsetting Assets [Line Items] | |||||
Maturity Date | Dec. 30, 2024 | ||||
Interest rate description | The Fortress Credit Agreement contains a prepayment premium of 5.0% if the prepayment occurs during the period from December 30, 2021 through December 29, 2022, and 3.0% if the prepayment occurs during the period from December 30, 2022 through December 29, 2023 | ||||
Number of warrant purchased | 55,284 | ||||
Purchase Price | $ 61.50 | ||||
Fortress Credit Agreement [Member] | Airspan [Member] | |||||
Offsetting Assets [Line Items] | |||||
Maturity Date | Dec. 30, 2024 | ||||
Interest rate description | The Fortress Credit Agreement contains a prepayment premium of 5.0% if the prepayment occurs during the period from December 30, 2021 through December 29, 2022, and 3.0% if the prepayment occurs during the period from December 30, 2022 through December 29, 2023 | ||||
Fortress Credit Agreement [Member] | Tranche 1 [Member] | |||||
Offsetting Assets [Line Items] | |||||
Term loan | $ 34,000,000.0 | ||||
Fortress Credit Agreement [Member] | Tranche 1 [Member] | Airspan [Member] | |||||
Offsetting Assets [Line Items] | |||||
Term loan | $ 34,000,000.0 | ||||
Fortress Credit Agreement [Member] | Tranche 2 [Member] | |||||
Offsetting Assets [Line Items] | |||||
Term loan | $ 10,000,000.0 | ||||
Interest rate | 5.00% | ||||
Fortress Credit Agreement [Member] | Tranche 2 [Member] | Airspan [Member] | |||||
Offsetting Assets [Line Items] | |||||
Term loan | $ 10,000,000.0 | ||||
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