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Debt (Tables)

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Schedule of Long-term Debt

(in thousands)			June 30, 2024						December 31, 2023
Term loan A-1			$	148,131					$	150,000
Term loan A-2			149,251						150,000
Total debt			297,382						300,000
Less: unamortized loan fees			(86)						(101)
Total debt, net of unamortized loan fees			$	297,296					$	299,899

Maturities of Long-term Debt

The following table summarizes the expected payments of Shentel’s outstanding borrowings as of June 30, 2024:

(in thousands)						Amount
2024 (remainder of the year)						$	4,425
2025						8,568
2026						138,827
2027						1,450
2028						144,112
Total						$	297,382

Interest Income and Interest Expense Disclosure

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

			Three Months Ended June 30,												Six Months Ended June 30,
(in thousands)			2024						2023						2024						2023
Interest expense			$	6,214					$	2,104					$	11,597					$	3,567
Less: capitalized interest			(2,218)						(1,199)						(3,525)						(2,270)
Interest expense, net of capitalized interest			$	3,996					$	905					$	8,072					$	1,297

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