Debt (Tables)

3 Months Ended

Mar. 31, 2023

Schedule of Long-Term Debt and Long-Term Debt Payable to Related Parties

Debt consisted of the following (in thousands):



	March 31, 2023		December 31, 2022
6.125% Senior Notes	$	548,434	$	547,784
Credit Facility	225,000		—
Total	$	773,434	$	547,784

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



	March 31, 2023		December 31, 2022
Principal balance	$	550,000	$	550,000
Less: debt issue cost	799		1,120
Less: debt discount	767		1,096
Total	$	548,434	$	547,784

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,
	2023		2022
Interest expense	$	8,422	$	8,422
Debt issue cost amortization	321		321
Debt discount amortization	328		308
Total	$	9,071	$	9,051

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,
	2023		2022
Interest expense	$	1,259	$	—
Debt issue cost amortization	447		—
Unused facility fee	271		290
Total	$	1,977	$	290