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Debt (Tables) | 12 Months Ended
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Dec. 31, 2021
Debt Disclosure [Abstract] |
Schedule of Debt | The following table summarizes our outstanding debt (in thousands):
| December 31,
| 2021 |  | 2020
5.00% Convertible Senior Notes due 2021 | $ | — |  |  | $ | 48,665 |
ABL Credit Facility due 2022 | — |  |  | — |
Retail Property Term Loan due 2024 | — |  |  | 42,494 |
7.75% Senior Secured Notes due 2025 | 296,000 |  |  | 300,000 |
Term Loan B due 2026 | 215,625 |  |  | 228,125 |
12.875% Senior Secured Notes due 2026 | 68,250 |  |  | 105,000 |
Mid Pac Term Loan due 2028 | — |  |  | 1,399 |
PHL Term Loan due 2030 | — |  |  | 5,840 |
Principal amount of long-term debt | 579,875 |  |  | 731,523 |
Less: unamortized discount and deferred financing costs | (15,317) |  |  | (22,930) |
Total debt, net of unamortized discount and deferred financing costs | 564,558 |  |  | 708,593 |
Less: current maturities, net of unamortized discount and deferred financing costs | (10,841) |  |  | (59,933) |
Long-term debt, net of current maturities | $ | 553,717 |  |  | $ | 648,660 |
Contractual Obligation, Fiscal Year Maturity Schedule | Annual maturities of our long-term debt for the next five years and thereafter are as follows (in thousands):
Year Ended |  | Amount Due
2022 |  | $ | 12,500 |
2023 |  | 12,500 |
2024 |  | 12,500 |
2025 |  | 308,500 |
2026 |  | 233,875 |
Thereafter |  | — |
Total |  | $ | 579,875 |
Schedule Of Applicable Margin For Debt Instrument | The applicable margins for the ABL Credit Facility and advances under the ABL Revolver are as specified below:
Level |  | Arithmetic Mean of Daily Availability (as a percentage of the borrowing base) |  | Applicable Margin for LIBOR Loans and Base Rate Loans Subject to LIBOR Daily Floating Rate |  | Applicable Margin for Base Rate Loans Subject to the Prime Rate
1 |  | >50% |  | 1.75% |  | 0.75%
2 |  | >30% but ≤50% |  | 2.00% |  | 1.00%
3 |  | ≤30% |  | 2.25% |  | 1.25%
Under the ABL Loan Agreement, the applicable margins for the ABL Credit Facility and advances under the ABL Revolver are as specified below:
Level |  | Arithmetic Mean of Daily Availability (as a percentage of the borrowing base) |  | Term SOFR Loans |  | Base Rate Loans
1 |  | >50% |  | 1.25% |  | 0.25%
2 |  | >30% but ≤50% |  | 1.50% |  | 0.50%
3 |  | ≤30% |  | 1.75% |  | 0.75%

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- Definition Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 303 -Paragraph (a) -Subparagraph (5) + Details
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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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