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Long-Term Debt (Tables) | 3 Months Ended
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Mar. 31, 2023
Debt Disclosure [Abstract] |
Summary of Long-term Debt | Following is a summary of the Company’s long-term debt:
(in thousands) |  | Maturity Date |  | Interest Rate |  | Interest Paid |  | Public/ Nonpublic |  | March 31, 2023 |  | December 31, 2022
Senior bonds(1) |  | 11/25/2025 |  | 3.80% |  | Semi-annually |  | Public |  | $ | 350,000 |  |  | $ | 350,000 |
Revolving credit facility(2) |  | 7/9/2026 |  | Variable |  | Varies |  | Nonpublic |  | — |  |  | — |
Senior notes |  | 10/10/2026 |  | 3.93% |  | Quarterly |  | Nonpublic |  | 100,000 |  |  | 100,000 |
Senior notes |  | 3/21/2030 |  | 3.96% |  | Quarterly |  | Nonpublic |  | 150,000 |  |  | 150,000 |
Unamortized discount on senior bonds(1) |  | 11/25/2025 |  |  |  |  |  |  |  | (23) |  |  | (26) |
Debt issuance costs |  |  |  |  |  |  |  |  |  | (1,117) |  |  | (1,157) |
Total long-term debt |  |  |  |  |  |  |  |  |  | $ | 598,860 |  |  | $ | 598,817 |
(1)The senior bonds due in 2025 were issued at 99.975% of par. (2)During the first quarter of 2023, the Company amended its revolving credit facility to complete the transition of the interest rate index from the London InterBank Offered Rate (LIBOR) to the Secured Overnight Financing Rate (SOFR), as contemplated in the revolving credit facility.

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