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Debt (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Long-term Debt

(in thousands)			March 31, 2024						December 31, 2023
Term loan A-1			$	149,063					$	150,000
Term loan A-2			149,625						150,000
Total debt			298,688						300,000
Less: unamortized loan fees			(93)						(101)
Total debt, net of unamortized loan fees			$	298,595					$	299,899

Maturities of Long-term Debt

The following table summarizes the expected payments of Shentel’s outstanding borrowings as of March 31, 2024:

(in thousands)						Amount
2024						$	5,731
2025						8,568
2026						138,827
2027						1,450
2028						144,112
Total						$	298,688

Interest Income and Interest Expense Disclosure

Interest expense recorded in Shentel’s unaudited condensed consolidated statements of comprehensive income consists of the following:

						Three Months Ended March 31,
(in thousands)						2024						2023
Interest expense						$	5,383					$	1,463
Less: capitalized interest						(1,307)						(1,071)
Interest expense, net of capitalized interest						$	4,076					$	392

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