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DEBT (Tables) | 9 Months Ended
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Sep. 30, 2025
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Maximum Leverage Ratios | Under the terms of the June 2025 Amendment, the Company’s Consolidated Total Leverage Ratio (defined, as of any date of determination, as the ratio of (a) Consolidated Funded Indebtedness as of such date (as defined in the Senior Credit Facility) less cash that is not subject to any restriction on the use or investment thereof to (b) Consolidated EBITDA (as defined in the Senior Credit Facility)) for the period of four consecutive fiscal quarters ending on such date was modified to the following:
Fiscal Quarter Ending |  | Maximum Consolidated Total Leverage Ratio
June 30, 2025 through June 30, 2026 |  | 5.00 to 1.00
September 30, 2026 |  | 4.75 to 1.00
December 31, 2026 |  | 4.50 to 1.00
March 31, 2027 and the last day of each fiscal quarter thereafter |  | 4.00 to 1.00
Schedule of Contractual Repayments of Long-Term Debt | Contractual repayments of the term loan component of the Senior Credit Facility are due as follows:
As of September 30, 2025 |  | Principal Repayment
Dollars in thousands |  |
Remainder of 2025 |  | $ | 9,688 |
2026 |  | 38,750 |
2027 |  | 53,281 |
2028 |  | 634,531 |
|  | $ | 736,250 |
Schedule of Carrying Amounts and Estimated Fair Values of Debt Instruments | The carrying amounts and the estimated fair values of debt as of September 30, 2025 and December 31, 2024 are as follows:
|  | September 30, 2025 | December 31, 2024
| Fair Value Measurement | Carrying Value | Estimated Fair Value | Carrying Value | Estimated Fair Value
Dollars in thousands |  |  |  |  |
Senior credit facility - term loan | Level 2 | $ | 736,250 |  | $ | 733,980 |  | $ | 760,469 |  | $ | 751,143 |
Senior credit facility - revolving component | Level 2 | 1,015,000 |  | 1,011,573 |  | 365,000 |  | 360,144 |
2025 Notes | Level 1 | — |  | — |  | 575,000 |  | 555,594 |
Securitization | Level 2 | 83,500 |  | 82,046 |  | 108,100 |  | 105,831 |
Subtotal |  | $ | 1,834,750 |  | $ | 1,827,599 |  | $ | 1,808,569 |  | $ | 1,772,712 |
Debt issuance costs |  | (3,649) |  |  | (5,476) |  |
Total debt |  | $ | 1,831,101 |  | $ | 1,827,599 |  | $ | 1,803,093 |  | $ | 1,772,712 |

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