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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The Company’s long-term debt consists of the following:
December 31,
20212020
 (In thousands)
Oasis Credit Facility$— $260,000 
Oasis Senior Notes
400,000 — 
Less: unamortized deferred financing costs on Oasis Senior Notes
(7,476)— 
Total long-term debt, net$392,524 $260,000 
Schedule of Long-Term Debt Interest Rate As of December 31, 2021, any outstanding Eurodollar and ABR loans would have borne their respective interest rates plus the applicable margin indicated in the following table: 
Total Commitment Utilization PercentageApplicable Margin
for Eurodollar Loans
Applicable Margin
for ABR Loans
Less than 25%
3.00 %2.00 %
Greater than or equal to 25% but less than 50%
3.25 %2.25 %
Greater than or equal to 50% but less than 75%
3.50 %2.50 %
Greater than or equal to 75% but less than 90%
3.75 %2.75 %
Greater than or equal to 90%
4.00 %3.00 %