Finance of America Companies 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
- Fair Value Measurements (Tables)
- Restatement of Previously Issued Financial Statements (Tables)
Notes Details

Summary of Significant Accounting Policies (Detail)

v3.21.1

Summary of Significant Accounting Policies (Detail) - USD ($)		3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Apr. 08, 2019	Apr. 05, 2019
Initial Public Offering
Underwriter discounts				$ 14,400,000
Total underwriters commission								$ 9,190,000
Other offering costs				$ 638,000
Shares subject to possible redemption		28,750,000		28,750,000		28,750,000
Basic and diluted weighted average shares outstanding of Public Shares		28,750,000	28,750,000	28,750,000	28,750,000
Basic and diluted weighted average shares outstanding of Founder Shares		7,187,500	7,187,500	7,187,500	7,187,500
Remeasuresment of shares subject to possible redemption	$ 26,800,000		$ 26,789,590
Unrecognized tax benefits		$ 0		$ 0		$ 0
Accrual for interest and penalties		$ 0		$ 0		$ 0
Ordinary Shares
Initial Public Offering
Share price (in dollars per share)	$ 10.00		$ 10.00		$ 10.00
IPO
Initial Public Offering
Share price (in dollars per share)	$ 10.00		$ 10.00		$ 10.00		$ 10.00
Public Shares
Initial Public Offering
Income(loss) allocation ratio		80.00%	80.00%	80.00%	80.00%
Income allocable to all shares		$ 7,000,000	$ 23,900,000	$ 1,400,000	$ 24,000,000
Remeasuresment of shares subject to possible redemption			$ 28,600,000		$ 28,600,000
Founder Shares
Initial Public Offering
Income(loss) allocation ratio		20.00%	20.00%	20.00%	20.00%
Income allocable to all shares		$ 7,000,000	$ 23,900,000	$ 1,400,000	$ 24,000,000
Accounting Standards Update 2017-11
Initial Public Offering
Shares subject to possible redemption		28,750,000		28,750,000		28,750,000
Offering Costs [Member]
Initial Public Offering
Offering costs			$ 15,100,000

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