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Debt (Tables)
9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Debt consisted of the following (in thousands):
 September 30, 2025December 31, 2024
7.500% Senior Notes
$596,478 $595,673 
Credit Facility
150,000 75,000 
Long-term debt746,478 670,673 
Total corporate debt
$746,478 $670,673 
Schedule of Debt
The carrying amount of the 7.500% Senior Notes was determined as follows (in thousands):

 September 30, 2025December 31, 2024
Principal balance$600,000 $600,000 
Less: debt issue cost3,522 4,327 
    Total
$596,478 $595,673 
Interest expense and amortization of debt issue costs of the 7.500% Senior Notes, included in “Interest expense, net” on the accompanying unaudited condensed consolidated statements of operations, were as follows (in thousands):
 Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Interest expense$11,250 $11,250 $33,750 $32,375 
Debt issue cost amortization268 271 805 772 
Total$11,518 $11,521 $34,555 $33,147 
Interest expense, amortization of debt issue costs, and unused facility fee of the Credit Facility, included in “Interest expense, net” on the accompanying unaudited condensed consolidated statements of operations, were as follows (in thousands):
 Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Interest expense$3,367 $2,725 $9,249 $5,369 
Debt issue cost amortization354 354 1,063 972 
Unused facility fee199 236 618 792 
Total$3,920 $3,315 $10,930 $7,133