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Debt (Tables) | 3 Months Ended
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Mar. 31, 2021
Debt Disclosure [Abstract] |
Long-term Debt | Our syndicated Credit Agreement includes a $75 million, five-year undrawn revolving credit facility, as well as the following term loans:
(in thousands) | March 31, 2021 |  | December 31, 2020
Term loan A-1 | $ | 222,154 |  |  | $ | 229,437 |
Term loan A-2 | 467,234 |  |  | 468,481 |
| 689,388 |  |  | 697,918 |
Less: unamortized loan fees | 8,857 |  |  | 9,455 |
Total debt, net of unamortized loan fees | $ | 680,531 |  |  | $ | 688,463 |
Financial Covenants in Credit Agreements | As shown below, as of March 31, 2021, the Company was in compliance with the financial covenants in its credit agreements.
| Actual |  | Covenant Requirement
Total leverage ratio | 1.8 |  | 3.25 or Lower
Debt service coverage ratio | 7.4 |  | 2.0 or Higher
Minimum liquidity balance (in millions) | $ | 304.2 |  |  | $25.0 or Higher

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