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DEBT, NET (Tables) | 12 Months Ended
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Dec. 31, 2022
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments | Our debt, net is summarized as follows:
| December 31, 2022 |  | December 31, 2021
| Outstanding Borrowings |  | Stated Interest Rate |  | Maturity Date |  | Outstanding Borrowings
Loans payable |  |  |  |  |  |  |
Revolving Credit Facility (1) | 150,000 |  |  | (i) Base Rate + 1.75%; or (ii) Adjusted Term SOFR Rate + 2.75% |  | 9/20/25 |  | 189,473 |
2021 Bridge Loans | — |  |  | (i) Base Rate + 1.75%; or (ii) Adjusted Term SOFR Rate + 2.75% |  | 12/15/22 |  | 100,527 |
Total loans payable | 150,000 |  |  |  |  |  |  | 290,000 |
Bonds payable |  |  |  |  |  |  |
Senior Notes due 2025 (2) | 653,036 |  |  | 6.50% |  | 10/1/25 |  | 852,198 |
Senior Notes due 2027 | 400,000 |  |  | 9.75% |  | 8/1/27 |  | 400,000 |
Senior Notes due 2028 (3) | 1,002,091 |  |  | 5.50% |  | 5/1/28 |  | 1,002,416 |
Total bonds payable | 2,055,127 |  |  |  |  |  |  | 2,254,614 |
Debt | 2,205,127 |  |  |  |  |  |  | 2,544,614 |
Less: Debt issuance costs | (29,400) |  |  |  |  |  |  | (43,027) |
Total debt, net | $ | 2,175,727 |  |  |  |  |  |  | $ | 2,501,587 |
Total debt due within one year | $ | — |  |  |  |  |  |  | $ | 100,527 |
______________________________________________________________________________________ (1) Requires a quarterly commitment fee at a rate of 0.50% on the average daily unused portion, as well as customary letter of credit fees and agency fees. (2) Includes unamortized discount of $1,318 and $3,509 at December 31, 2022 and 2021, respectively, and an unamortized premium of $4,354 and $5,707 at December 31, 2022 and 2021, respectively. (3) Includes an unamortized premium of $2,091 and $2,416 at December 31, 2022 and 2021, respectively.
Schedule of Maturities of Long-term Debt | As of December 31, 2022, scheduled principal repayments under our debt agreements for the next five years and thereafter are summarized as follows:
| 2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | Thereafter |  | Total
Revolving Credit Facility | — |  |  | — |  |  | 150,000 |  |  | — |  |  | — |  |  | — |  |  | 150,000 |
Senior Notes due 2025 | — |  |  | — |  |  | 650,000 |  |  | — |  |  | — |  |  | — |  |  | 650,000 |
Senior Notes due 2027 | — |  |  | — |  |  | — |  |  | — |  |  | 400,000 |  |  | — |  |  | 400,000 |
Senior Notes due 2028 | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,000,000 |  |  | 1,000,000 |
Total principal payments on loans and bonds payable | $ | — |  |  | $ | — |  |  | $ | 800,000 |  |  | $ | — |  |  | $ | 400,000 |  |  | $ | 1,000,000 |  |  | $ | 2,200,000 |

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