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DEBT (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Debt
The following table provides information regarding the Company’s debt.
December 31,
2021
December 31,
2020
(In thousands)
Convertible notes
Notes due 2028$575,000 $— 
Less: unamortized discount and issuance costs(149,411)— 
Carrying amount of Notes due 2028425,589 — 
Notes due 2026632,500 — 
Less: unamortized discount and issuance costs(111,433)— 
Carrying amount of Notes due 2026521,067 — 
Notes due 2025102,175 320,000 
Less: unamortized discount and issuance costs(16,123)(64,979)
Carrying amount of Notes due 202586,052 255,021 
Notes due 2024— 88,140 
Less: unamortized discount and issuance costs— (19,119)
Carrying amount of Notes due 2024— 69,021 
Notes due 20235,000 5,000 
Less: unamortized issuance costs(62)(102)
Carrying amount of Notes due 20234,938 4,898 
Sale of long-term financing receivable recorded as debt— 1,925 
Total carrying amount of debt1,037,646 330,865 
Less: current portion of convertible notes and long-term financing receivable recorded as debt(86,052)(325,967)
Debt, non-current$951,594 $4,898 
The following table presents the total amount of interest cost recognized in the statement of operations relating to the Notes due 2028:
Year Ended December 31, 2021
(In thousands)
Amortization of debt discount$16,401 
Amortization of debt issuance costs785 
Total interest cost recognized$17,186 
The following table presents the total amount of interest cost recognized in the statement of operations relating to the Notes due 2026:
Year Ended December 31, 2021
(In thousands)
Amortization of debt discount$18,735 
Amortization of debt issuance costs1,347 
Total interest cost recognized$20,082 
The following table presents the total amount of interest cost recognized relating to the Notes due 2025:

Years Ended December 31,
20212020
(In thousands)
Contractual interest expense$342 $649 
Amortization of debt discount5,529 10,072 
Amortization of debt issuance costs661 1,229 
Total interest cost recognized$6,532 $11,950 
The following table presents the total amount of interest cost recognized in the statement of operations relating to the Notes due 2024:
Years Ended December 31,
20212020
(In thousands)
Contractual interest expense$$1,284 
Amortization of debt discount772 6,325 
Amortization of debt issuance costs74 646 
Total interest cost recognized$854 $8,255 
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.
Years Ended December 31,
20212020
(In thousands)
Contractual interest expense$200 $200 
Amortization of debt issuance costs40 40 
Total interest costs recognized$240 $240