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DEBT (Tables)

12 Months Ended

Dec. 31, 2022

Line of Credit Facility

Schedule of components of Long-term debt

​

​	​	​	​	​	​	​	​
​	​	December 31,		​	December 31,		​
​		2022			2021
Principal amount		$	171,000		$	246,000	​
Less: Unamortized deferred financing costs	​		(6,079)	​		(7,771)	​
Less: Current portion	​		—	​		—	​
​	​	​	​	​	​	​	​
Long-term debt, net		$	164,921		$	238,229	​

​

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

​

​	​	​	​	​	​	​	​
​	​	For the Years Ended December 31,					​
​	​	2022	​	2021	​	2020	​
Effective Interest Rate	​	4.63	%	3.22	%	3.71	%
Range of Interest Rates (excluding unused commitment fees)	​	2.26 % to 6.54	%	2.24 % to 3.48	%	2.65 % to 3.50	%

​

Secured Debt | $450 Million Credit Facility

Line of Credit Facility

Scheduled repayment of outstanding debt

​

​	​	​	​	​
Year Ending December 31,		Total		​
​	​	​	​	​
2026	​	$	171,000	​
​	​	​	​	​
Total debt	​	$	171,000	​

​

X

- 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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- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601

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