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DEBT (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2021
Debt Disclosure [Abstract] |
Schedule of Debt | The following table provides information regarding the Company’s debt.
| March 31, 2021 |  | December 31, 2020
| (In thousands)
Convertible notes |  |  |
Notes due 2028 | $ | 575,000 |  |  | $ | — |
Less: unamortized discount and issuance costs | (164,905) |  |  | — |
Carrying amount of Notes due 2028 | 410,095 |  |  | — |
Notes due 2026 | 632,500 |  |  | — |
Less: unamortized discount and issuance costs | (129,630) |  |  | — |
Carrying amount of Notes due 2026 | 502,870 |  |  | — |
Notes due 2025 | 102,260 |  |  | 320,000 |
Less: unamortized discount and issuance costs | (19,657) |  |  | (64,979) |
Carrying amount of Notes due 2025 | 82,603 |  |  | 255,021 |
Notes due 2024 | 1,068 |  |  | 88,140 |
Less: unamortized discount and issuance costs | (217) |  |  | (19,119) |
Carrying amount of Notes due 2024 | 851 |  |  | 69,021 |
Notes due 2023 | 5,000 |  |  | 5,000 |
Less: unamortized issuance costs | (92) |  |  | (102) |
Carrying amount of Notes due 2023 | 4,908 |  |  | 4,898 |
Sale of long-term financing receivable recorded as debt | 902 |  |  | 1,925 |
Total carrying amount of debt | 1,002,229 |  |  | 330,865 |
Less: current portion of convertible notes and long-term financing receivable recorded as debt | (84,356) |  |  | (325,967) |
Long-term debt | $ | 917,873 |  |  | $ | 4,898 |
The following table presents the total amount of interest cost recognized in the statement of operations relating to the Notes due 2028:
|  |  | Three Months Ended March 31, |  |
|  |  |  |  | 2021 |  |  |  |
|  |  |  |  | (In thousands)
Amortization of debt discount |  |  |  |  | $ | 1,611 |  |  |  |  |
Amortization of debt issuance costs |  |  |  |  | 79 |  |  |  |  |
Total interest cost recognized |  |  |  |  | $ | 1,690 |  |  |  |  |
The following table presents the total amount of interest cost recognized in the statement of operations relating to the Notes due 2026:
|  |  | Three Months Ended March 31, |  |
|  |  |  |  | 2021 |  |  |  |
|  |  |  |  | (In thousands)
Amortization of debt discount |  |  |  |  | $ | 1,786 |  |  |  |  |
Amortization of debt issuance costs |  |  |  |  | 135 |  |  |  |  |
Total interest cost recognized |  |  |  |  | $ | 1,921 |  |  |  |  |
The following table presents the total amount of interest cost recognized relating to the Notes due 2025 (in thousands):
| Three Months Ended March 31, |  |
| 2021 |  | 2020 |  |  |  |  |  |
| (In thousands)
Contractual interest expense | $ | 150 |  |  | $ | 49 |  |  |  |  |  |  |
Amortization of debt discount | 2,389 |  |  | 743 |  |  |  |  |  |  |
Amortization of debt issuance costs | 294 |  |  | 87 |  |  |  |  |  |  |
Total interest cost recognized | $ | 2,833 |  |  | $ | 879 |  |  |  |  |  |  |
The following table presents the total amount of interest cost recognized in the statement of operations relating to the Notes due 2024:
|  |  | Three Months Ended March 31, |  |
|  |  |  |  | 2021 |  | 2020 |  |
|  |  |  |  | (In thousands)
Contractual interest expense |  |  |  |  | $ | 3 |  |  | $ | 330 |  |  |
Amortization of debt discount |  |  |  |  | 733 |  |  | 1,562 |  |  |
Amortization of debt issuance costs |  |  |  |  | 71 |  |  | 166 |  |  |
Total interest cost recognized |  |  |  |  | $ | 807 |  |  | $ | 2,058 |  |  |
The following table presents the amount of interest cost recognized relating to the contractual interest coupon and the amortization of debt issuance costs of the Notes due 2023.
|  |  | Three Months Ended March 31,
|  |  |  |  | 2021 |  | 2020 |  |
|  |  |  |  | (In thousands)
Contractual interest expense |  |  |  |  | $ | 50 |  |  | $ | 50 |  |  |
Amortization of debt issuance costs |  |  |  |  | 10 |  |  | 10 |  |  |
Total interest costs recognized |  |  |  |  | $ | 60 |  |  | $ | 60 |  |  |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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