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INDEBTEDNESS (Tables) | 6 Months Ended
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Jun. 30, 2024
Debt Disclosure [Abstract] |
Net Carrying Amount of Convertible Notes | The following table summarizes the Company's Notes as of June 30, 2024 (in thousands):
| Principal Outstanding |  | Unamortized Debt Issuance Costs |  | Net Carrying Value
2026 Senior Notes | $ | 1,000,000 |  |  | $ | (5,396) |  |  | $ | 994,604 |
2031 Senior Notes | 1,000,000 |  |  | (9,735) |  |  | 990,265 |
2032 Senior Notes | 2,000,000 |  |  | (26,239) |  |  | 1,973,761 |
2025 Convertible Notes (i) | 1,000,000 |  |  | (2,042) |  |  | 997,958 |
2026 Convertible Notes | 575,000 |  |  | (3,137) |  |  | 571,863 |
2027 Convertible Notes | 575,000 |  |  | (4,470) |  |  | 570,530 |
Total | $ | 6,150,000 |  |  | $ | (51,019) |  |  | $ | 6,098,981 |
(i) Net carrying value disclosed as current portion of long-term debt within total current liabilities on the condensed consolidated balance sheet. The following table summarizes the Company's Notes as of December 31, 2023 (in thousands):
| Principal Outstanding |  |  |  | Unamortized Debt Issuance Costs |  | Net Carrying Value
2026 Senior Notes | $ | 1,000,000 |  |  |  |  | $ | (6,792) |  |  | $ | 993,208 |
2031 Senior Notes | 1,000,000 |  |  |  |  | (10,433) |  |  | 989,567 |
2025 Convertible Notes | 1,000,000 |  |  |  |  | (3,563) |  |  | 996,437 |
2026 Convertible Notes | 575,000 |  |  |  |  | (3,986) |  |  | 571,014 |
2027 Convertible Notes | 575,000 |  |  |  |  | (5,135) |  |  | 569,865 |
Total | $ | 4,150,000 |  |  |  |  | $ | (29,909) |  |  | $ | 4,120,091 |
Interest Expense on Convertible Notes | The Company recognized interest expense on the Notes as follows (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Contractual interest expense | $ | 34,598 |  |  | $ | 16,437 |  |  | $ | 50,728 |  |  | $ | 32,932 |
Amortization of debt issuance costs | 2,923 |  |  | 2,651 |  |  | 5,485 |  |  | 5,360 |
Total | $ | 37,521 |  |  | $ | 19,088 |  |  | $ | 56,213 |  |  | $ | 38,292 |
Amounts Drawn on Facilities by Year of Maturity | The table below summarizes the future scheduled principal payments of amounts drawn on the Company's Warehouse Facilities (in thousands):
| June 30, 2024
2024 (i) | $ | 374,465 |
2025 (i) | 131,324 |
2026 | 440,000 |
Total | $ | 945,789 |
(i) Future scheduled principal payments in 2024 as well as a portion of 2025 are disclosed as warehouse funding facilities, current within total current liabilities on the condensed consolidated balance sheet.

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