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DEBT (Tables)

3 Months Ended

Mar. 31, 2022

DEBT

Schedule of components of Long-term debt

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​	​	​	​	​	​	​	​
​	​	March 31,		​	December 31,		​
​		2022			2021
Principal amount		$	197,250		$	246,000	​
Less: Unamortized debt financing costs	​		(7,355)	​		(7,771)	​
Less: Current portion	​		—	​		—	​
​	​	​	​	​	​	​	​
Long-term debt, net		$	189,895		$	238,229	​

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March 31, 2022

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December 31, 2021

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Unamortized

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Unamortized

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Debt Issuance

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Debt Issuance

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Principal

Cost

Principal

Cost

$450 Million Credit Facility

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$

197,250

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$

7,355

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$

246,000

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$

7,771

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Total debt

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$

197,250

$

7,355

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$

246,000

$

7,771

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Schedule of effective interest rate and the range of interest rates on the debt

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​	​	​	​	​	​	​
​	​	For the Three Months Ended
​	​	March 31,
​	​	2022	​		2021	​
Effective Interest Rate	​	2.99	%		3.18	%
Range of Interest Rates (excluding unused commitment fees)	​	2.26 % to 2.61	%		2.61 % to 3.48	%

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- Definition

Tabular disclosure of effective interest rate associated with the interest expense for the entity's debt facilities, including the cost associated with unused commitment fees. Additionally, it includes the range of interest rates on the debt, excluding the impact of unused commitment fees.

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- Definition

Tabular disclosure of long-term debt less short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) as of the balance sheet date.

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