Quarterly report pursuant to Section 13 or 15(d)

NOTES PAYABLE AND DEBT INSTRUMENTS - Additional Information (Details)

v3.22.2
NOTES PAYABLE AND DEBT INSTRUMENTS - Additional Information (Details)
shares in Millions
3 Months Ended 6 Months Ended
Oct. 15, 2021
USD ($)
Apr. 15, 2021
USD ($)
Oct. 06, 2020
USD ($)
Jun. 30, 2022
USD ($)
Dec. 31, 2021
USD ($)
shares
Jun. 30, 2021
USD ($)
Jun. 30, 2022
USD ($)
Oct. 15, 2021
USD ($)
Jun. 30, 2021
USD ($)
Jan. 31, 2022
USD ($)
Jul. 31, 2021
USD ($)
Mar. 17, 2021
USD ($)
Oct. 07, 2020
USD ($)
serie
Debt Instrument [Line Items]                          
Paid-in-kind interest payment on notes             $ 0   $ 1,680,000        
Notes Payable                          
Debt Instrument [Line Items]                          
Escrow deposit                         $ 50,000,000
Escrow deposit, stated conditions satisfied, amount       $ 25,000,000     25,000,000            
Notes Payable | PureCycle Ohio LLC                          
Debt Instrument [Line Items]                          
Number of debt offering series | serie                         3
Revenue Bonds                          
Debt Instrument [Line Items]                          
Operating revenue deposit requirement, percent                         100.00%
Equity investments                       $ 40,000,000 $ 60,000,000
Escrow deposit                         50,000,000
Cash required to maintain                   $ 100,000,000 $ 75,000,000    
Interest expense       4,900,000   $ 4,800,000 9,700,000   9,600,000        
Capitalized interest       $ 4,200,000   $ 4,200,000 $ 8,500,000   $ 8,500,000        
Senior Notes Purchase Agreement | Convertible Debt                          
Debt Instrument [Line Items]                          
Interest rate, percent     5.875%                    
Principal amount                         $ 48,000,000
Obligation to issue and sell     $ 12,000,000                    
Obligation to issue and sell, term     45 days                    
Paid-in-kind interest payment on notes $ 1,800,000 $ 1,700,000           $ 3,500,000          
Conversion of notes         $ 63,500,000                
Redemption of vested profit units (in shares) | shares         9.2                
Adjustments to additional paid in-capital for conversion of notes         $ 61,800,000                
Forfeited interest on converted notes         100,000                
Remaining capitalized issuance costs of converted notes         $ 1,800,000