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LONG-TERM DEBT (Tables)
9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments The tables below present the related carrying values as of September 30, 2023 and December 31, 2022 (in thousands):
As of September 30, 2023
Principal AmountUnamortized DiscountUnamortized Deferred Financing CostsPrincipal Amount, Net
2026 Senior Notes$400,000 $— $5,489 $394,511 
2028 Senior Notes1,350,000 16,409 5,773 1,327,818 
2031 Senior Notes1,350,000 16,600 5,841 1,327,559 
Total$3,100,000 $33,009 $17,103 $3,049,888 
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):
November 7, 2023September 30, 2023December 31, 2022
Revolving credit facility
$— $650,000 $— 
Letters of credit2,100 2,100 12,100 
Available borrowing capacity1,847,900 1,197,900 987,900 
Total aggregate elected commitments
$1,850,000 $1,850,000 $1,000,000