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Debt (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Debt consisted of the following (in thousands):
 December 31, 2025December 31, 2024
7.500% Senior Notes
$596,746 $595,673 
Credit Facility
75,000 75,000 
Long-term debt671,746 670,673 
Total corporate debt
$671,746 $670,673 
Schedule of Debt Interest expense, amortization of debt issue costs and amortization of the debt discount of the 6.125% Senior Notes, included in “Interest expense, net” on the accompanying consolidated statements of operations, were as follows (in thousands):
 Year Ended December 31,
202520242023
Interest expense$— $— $29,383 
Debt issue cost amortization— — 1,120 
Debt discount amortization— — 1,096 
Total$— $— $31,599 
The carrying amount of the 7.500% Senior Notes was determined as follows (in thousands):

 December 31, 2025December 31, 2024
Principal balance$600,000 $600,000 
Less: debt issue cost3,254 4,327 
    Total
$596,746 $595,673 
Interest expense and amortization of debt issue costs of the 7.500% Senior Notes, included in “Interest expense, net” on the accompanying consolidated statements of operations, were as follows (in thousands):
 Year Ended December 31,
202520242023
Interest expense$45,000 $43,625 $— 
Debt issue cost amortization1,074 1,041 — 
Total$46,074 $44,666 $— 
Interest expense, amortization of debt issue costs and acceleration of debt issuance costs of the Delayed Draw Term Loan, included in “Interest expense, net” on the accompanying consolidated statements of operations was $3.7 million and $4.9 million for the years ended December 31, 2024 and 2023.

 Year Ended December 31,
202520242023
Interest expense$— $1,038 $4,515 
Debt issue cost amortization— 16 342 
Acceleration of debt issuance costs
— 2,653 — 
Total$— $3,707 $4,857 
Interest expense and amortization of debt issue costs, and unused facility fee of the Credit Facility, included in “Interest expense, net” on the accompanying consolidated statements of operations, were as follows (in thousands):
 Year Ended December 31,
202520242023
Interest expense$11,186 $7,348 $8,925 
Debt issue cost amortization1,417 1,326 1,238 
Unused facility fee867 1,048 972 
Total$13,470 $9,722 $11,135