XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.24.3

Fair Value Measurements (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Fair Value Disclosures [Abstract] |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis | The following table is a listing of the Company’s assets and liabilities that are measured at fair value in the accompanying balance sheets and where they are classified within the fair value hierarchy:
| As of September 30, 2024 |  | As of December 31, 2023
| Level 1 |  | Level 2 |  | Level 3 |  | Level 1 |  | Level 2 |  | Level 3
| (in thousands)
Assets: |  |  |  |  |  |  |  |  |  |  |
Derivatives (1) | $ | — |  |  | $ | 83,871 |  |  | $ | — |  |  | $ | — |  |  | $ | 65,114 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |  |  |  |  |
Derivatives (1) | $ | — |  |  | $ | 2,849 |  |  | $ | — |  |  | $ | — |  |  | $ | 8,062 |  |  | $ | — |
__________________________________________ (1) This represents a financial asset or liability that is measured at fair value on a recurring basis.
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments | Long-Term Debt The following table reflects the fair value of the Company’s Senior Notes obligations measured using Level 1 inputs based on quoted secondary market trading prices. These notes were not presented at fair value on the accompanying balance sheets as of September 30, 2024, or December 31, 2023, as they were recorded at carrying value, net of any unamortized deferred financing costs. Please refer to Note 5 - Long-Term Debt for additional information.
| As of September 30, 2024 |  | As of December 31, 2023
| Principal Amount |  | Fair Value |  | Principal Amount |  | Fair Value
| (in thousands)
5.625% Senior Notes due 2025 | $ | — |  |  | $ | — |  |  | $ | 349,118 |  |  | $ | 348,189 |
6.75% Senior Notes due 2026 | $ | 419,235 |  |  | $ | 419,759 |  |  | $ | 419,235 |  |  | $ | 420,660 |
6.625% Senior Notes due 2027 | $ | 416,791 |  |  | $ | 417,362 |  |  | $ | 416,791 |  |  | $ | 416,549 |
6.5% Senior Notes due 2028 | $ | 400,000 |  |  | $ | 400,240 |  |  | $ | 400,000 |  |  | $ | 401,372 |
6.75% Senior Notes due 2029 | $ | 750,000 |  |  | $ | 753,750 |  |  | $ | — |  |  | $ | — |
7.0% Senior Notes due 2032 | $ | 750,000 |  |  | $ | 753,780 |  |  | $ | — |  |  | $ | — |

X
- Definition Tabular disclosure of financial instrument measured at fair value on recurring or nonrecurring basis. Includes, but is not limited to, instrument classified in shareholders' equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 100 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-100 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration