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LONG-TERM DEBT (Tables)
6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments The tables below present the related carrying values as of June 30, 2023 and December 31, 2022 (in thousands):
As of June 30, 2023
Principal AmountUnamortized DiscountUnamortized Deferred Financing CostsPrincipal Amount, Net
2026 Senior Notes$400,000 $— $5,901 $394,099 
2028 Senior Notes1,350,000 16,875 5,919 1,327,206 
2031 Senior Notes1,350,000 16,875 5,919 1,327,206 
Total$3,100,000 $33,750 $17,739 $3,048,511 
As of December 31, 2022
Principal AmountUnamortized DiscountUnamortized Deferred Financing CostsPrincipal Amount, Net
2026 Senior Notes$400,000 $— $6,707 $393,293 
The following table presents the outstanding balance, total amount of letters of credit outstanding, and available borrowing capacity under the Credit Facility as of the dates indicated (in thousands):
August 2, 2023June 30, 2023December 31, 2022
Revolving credit facility
$750,000 $— $— 
Letters of credit12,100 12,100 12,100 
Available borrowing capacity1,087,900 987,900 987,900 
Total aggregate elected commitments
$1,850,000 $1,000,000 $1,000,000