XML 35 R20.htm IDEA: XBRL DOCUMENT v3.24.0.1
Fair Value Measurement
12 Months Ended
Dec. 31, 2023
Fair Value Measurement  
Fair Value Measurement

(13)  Fair Value Measurement

(a) Senior Unsecured Notes

The fair value and carrying value of the Company’s Notes is as follows:

December 31, 2022

December 31, 2023

(in thousands)

Fair Value (1)

Carrying Value (2)

Fair Value (1)

Carrying Value (2)

2026 Notes

$

556,985

545,416

565,785

546,631

2027 Notes

612,365

646,610

642,655

647,313

2028 Notes

601,575

644,776

641,030

645,702

2029 Notes

685,650

742,480

720,000

743,470

Total

$

2,456,575

2,579,282

2,569,470

2,583,116

(1)Fair values are based on Level 2 market data inputs.
(2)Carrying values are presented net of unamortized debt issuance costs and debt premiums.

(b) Other Assets and Liabilities

The carrying values of accounts receivable and accounts payable as of December 31, 2022 and 2023 approximated fair value because of their short-term nature. The carrying value of the amounts under the Credit Facility as of December 31, 2022 and 2023 approximated fair value because the variable interest rates are reflective of current market conditions.