XML 52 R32.htm IDEA: XBRL DOCUMENT

DEBT (Tables)

12 Months Ended

Dec. 31, 2023

DEBT

Schedule of components of Long-term debt


		December 31,			December 31,
		2023			2022
Principal amount		$	200,000		$	171,000
Less: Unamortized deferred financing costs			(9,831)			(6,079)
Less: Current portion			—			—

Long-term debt, net		$	190,169		$	164,921


		December 31, 2023						December 31, 2022
					Unamortized						Unamortized
					Debt Issuance						Debt Issuance
		Principal			Cost			Principal			Cost
$450 Million Credit Facility		$	—		$	—		$	171,000		$	6,079
$500 Million Revolver			200,000			9,831			—			—

Total debt		$	200,000		$	9,831		$	171,000		$	6,079

Scheduled repayment of outstanding debt


Year Ending December 31,		Total

2028		$	200,000

Total debt		$	200,000

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


		For the Years Ended December 31,
		2023		2022		2021
Effective Interest Rate		8.29	%	4.63	%	3.22	%
Range of Interest Rates (excluding unused commitment fees)		6.43 % to 7.58	%	2.26 % to 6.54	%	2.24 % to 3.48	%