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INDEBTEDNESS (Tables)
 6 Months Ended
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 OutstandingUnamortized Debt Issuance CostsNet Carrying Value
2026 Senior Notes$1,000,000 $(5,396)$994,604 
2031 Senior Notes1,000,000 (9,735)990,265 
2032 Senior Notes2,000,000 (26,239)1,973,761 
2025 Convertible Notes (i)
1,000,000 (2,042)997,958 
2026 Convertible Notes575,000 (3,137)571,863 
2027 Convertible Notes575,000 (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 OutstandingUnamortized Debt Issuance CostsNet Carrying Value
2026 Senior Notes$1,000,000 $(6,792)$993,208 
2031 Senior Notes1,000,000 (10,433)989,567 
2025 Convertible Notes1,000,000 (3,563)996,437 
2026 Convertible Notes575,000 (3,986)571,014 
2027 Convertible Notes575,000 (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,
2024202320242023
Contractual interest expense$34,598 $16,437 $50,728 $32,932 
Amortization of debt issuance costs2,923 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 
2026440,000 
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.