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DEBT (Tables)
9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Schedule of Debt
The following table provides information regarding the Company’s debt.
September 30,
2021
December 31,
2020
(In thousands)
Convertible notes
Notes due 2028$575,000 $— 
Less: unamortized discount and issuance costs(154,636)— 
Carrying amount of Notes due 2028420,364 — 
Notes due 2026632,500 — 
Less: unamortized discount and issuance costs(117,548)— 
Carrying amount of Notes due 2026514,952 — 
Notes due 2025102,175 320,000 
Less: unamortized discount and issuance costs(17,306)(64,979)
Carrying amount of Notes due 202584,869 255,021 
Notes due 20241,068 88,140 
Less: unamortized discount and issuance costs(185)(19,119)
Carrying amount of Notes due 2024883 69,021 
Notes due 20235,000 5,000 
Less: unamortized issuance costs(72)(102)
Carrying amount of Notes due 20234,928 4,898 
Sale of long-term financing receivable recorded as debt287 1,925 
Total carrying amount of debt1,026,283 330,865 
Less: current portion of convertible notes and long-term financing receivable recorded as debt(86,039)(325,967)
Long-term debt$940,244 $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
September 30, 2021
Nine Months Ended
September 30, 2021
(In thousands)
Amortization of debt discount$4,929 $11,412 
Amortization of debt issuance costs235 550 
Total interest cost recognized$5,164 $11,962 
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
September 30, 2021
Nine Months Ended
September 30, 2021
(In thousands)
Amortization of debt discount$5,650 $13,023 
Amortization of debt issuance costs404 943 
Total interest cost recognized$6,054 $13,966 
The following table presents the total amount of interest cost recognized relating to the Notes due 2025:

Three Months Ended
September 30,
Nine Months Ended
September 30,
2021202020212020
(In thousands)
Contractual interest expense$64 $200 $278 $449 
Amortization of debt discount1,047 3,110 4,469 6,922 
Amortization of debt issuance costs123 380 539 848 
Total interest cost recognized$1,234 $3,690 $5,286 $8,219 
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
September 30,
Nine Months Ended
September 30,
2021202020212020
(In thousands)
Contractual interest expense$$330 $$990 
Amortization of debt discount14 1,645 762 4,828 
Amortization of debt issuance costs166 73 498 
Total interest cost recognized$17 $2,141 $843 $6,316 
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
September 30,
Nine Months Ended
September 30,
2021202020212020
(In thousands)
Contractual interest expense$50 $50 $150 $150 
Amortization of debt issuance costs10 10 30 30 
Total interest costs recognized$60 $60 $180 $180