Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2021

Schedule of long-term debt and long-term debt payable to related parties

Long-term debt consisted of the following (in thousands):


	March 31, 2021		December 31, 2020
6.125% Senior Notes	$	543,382	$	542,772
Credit Facility	137,888		137,613
Total	$	681,270	$	680,385

The carrying amount of the 6.125% Senior Notes was determined as follows (in thousands):


	March 31, 2021		December 31, 2020
Principal balance	$	550,000	$	550,000
Less: debt issue cost	3,367		3,688
Less: debt discount	3,251		3,540
Total	$	543,382	$	542,772

Interest expense, amortization of debt issue costs and amortization of the debt discount of the 6.125% Senior Notes, included in “Interest (expense) income, net” on the accompanying unaudited condensed consolidated statements of operations, were as follows (in thousands):


	Three Months Ended March 31,
	2021		2020
Interest expense	$	8,711	$	8,693
Debt issue cost amortization	321		321
Debt discount amortization	289		271
Total	$	9,321	$	9,285

Details of the Credit Facility are as follows (in thousands):


	March 31, 2021		December 31, 2020
Principal balance	$	140,000	$	140,000
Less: Debt issue cost	2,112		2,387
Total	$	137,888	$	137,613

Interest expense and amortization of debt issue costs of the Credit Facility, included in “Interest (expense) income, net” on the accompanying unaudited condensed consolidated statements of operations, were as follows (in thousands):


	Three Months Ended March 31,
	2021		2020
Interest expense	$	582	$	1,360
Debt issue cost amortization	275		186
Unused facility fee	213		109
Total	$	1,070	$	1,655