XML 43 R32.htm IDEA: XBRL DOCUMENT v3.23.1
Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2023
Long-Term Debt, Other Disclosure [Abstract]  
Schedule of Long-Term Debt
March 31,
2023
December 31,
2022
Senior Notes due January 2029 at 6.00%, Issued at Par Value
$500,000 $500,000 
Senior Notes due January 2031 at 7.375% (Principal of $500,000 less Unamortized Discount of $5,873 and $6,061, respectively)
494,127 493,939 
CNX Midstream Partners LP Senior Notes due April 2030 at 4.75% (Principal of $400,000 less Unamortized Discount of $4,086 and $4,231, respectively)*
395,914 395,769 
Senior Notes due March 2027 at 7.25% (Principal of $350,000 plus Unamortized Premium of $2,131 and $2,266, respectively)
352,131 352,266 
Convertible Senior Notes due May 2026 at 2.25% (Principal of $330,654 less Unamortized Discount and Issuance Costs of $5,997 and $6,460, respectively)
324,657 324,194 
CNX Midstream Partners LP Revolving Credit Facility*136,000 153,700 
CNX Revolving Credit Facility13,800 — 
Less: Unamortized Debt Issuance Costs13,521 14,133 
Long-Term Debt$2,203,108 $2,205,735 
*CNX is not a guarantor of CNXM's 4.75% Senior Notes due April 2030 or CNXM's Credit Facility.
Convertible Debt
The net carrying amount of the liability and equity components of the Convertible Notes was as follows:
March 31,
2023
December 31,
2022
Liability Component:
Principal$330,654 $330,654 
Unamortized Issuance Costs(5,997)(6,460)
Net Carrying Amount$324,657 $324,194 
Fair Value$460,548 $483,581 
Fair Value HierarchyLevel 2Level 2
Interest expense related to the Convertible Notes is as follows:
For the Three Months Ended March 31,
20232022
Contractual Interest Expense $1,860 $1,941 
Amortization of Issuance Costs463 471 
Total Interest Expense $2,323 $2,412