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Senior Debt (Tables) | 12 Months Ended
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Dec. 31, 2023
Senior Debt [Abstract] |
Schedule of Debt | The senior debt facilities as of December 31, 2023 and 2022 are as follows:
|  |  | December 31, 2023 |  | December 31, 2022
(in thousands) | Facility Maturity |  | Maximum Facility |  | Amount Outstanding |  | Amount Available |  | Maximum Facility |  | Amount Outstanding |  | Amount Available
Senior Debt: |  |  |  |  |  |  |  |  |  |  |  |  |
ABL Credit Facility(1) | February 17, 2026 |  | $ | 550,000 |  |  | $ | 70,000 |  |  | $ | 429,571 |  |  | $ | 550,000 |  |  | $ | 90,000 |  |  | $ | 395,621 |
Term Loan Facility | February 17, 2028 |  | 875,000 |  |  | 811,083 |  |  | — |  |  | 875,000 |  |  | 859,688 |  |  | — |
Total |  |  | $ | 1,425,000 |  |  | 881,083 |  |  | $ | 429,571 |  |  | $ | 1,425,000 |  |  | 949,688 |  |  | $ | 395,621 |
Unamortized debt issuance costs |  |  |  |  | (14,376) |  |  |  |  |  |  | (18,786) |  |  |
Total senior debt, net |  |  |  |  | $ | 866,707 |  |  |  |  |  |  | $ | 930,902 |  |  |
(1) Borrowing availability is net of issued letters of credit of approximately $50.4 million and $64.4 million for the years ended December 31, 2023 and 2022, respectively
Schedule of Maturities of Long-Term Debt | The table below shows the scheduled maturity dates of our outstanding senior debt at December 31, 2023 for each of the years ending December 31:
(in thousands) | ABL Credit Facility |  | Term Loan Facility (1) |  | Total
2024 | $ | — |  |  | $ | — |  |  | $ | — |
2025 | — |  |  | — |  |  | — |
2026 | 70,000 |  |  | — |  |  | 70,000 |
2027 | — |  |  | — |  |  | — |
2028 | — |  |  | 811,083 |  |  | 811,083 |
Thereafter | — |  |  | — |  |  | — |
Total senior debt | $ | 70,000 |  |  | $ | 811,083 |  |  | $ | 881,083 |
(1) Annual installment requirements were reduced by the amount of the excess cash flow payment described above, in accordance with the terms of the credit agreement governing the Term Loan Facility.

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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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- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481544/470-10-50-1 + Details
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