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Debt (Tables) | 12 Months Ended
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Dec. 31, 2024
Debt Disclosure [Abstract] |
Schedule of Long-term Debt | The following loans were outstanding under the Credit Agreement:
(in thousands) | December 31, 2024 |  | December 31, 2023
Term loan A-1 | $ | 144,451 |  |  | $ | 150,000 |
Term loan A-2 | 148,506 |  |  | 150,000 |
Term loan A-3 | 125,000 |  |  | — |
Total debt | 417,957 |  |  | 300,000 |
Less: unamortized loan fees | (1,078) |  |  | (101) |
Total debt, net of unamortized loan fees | $ | 416,879 |  |  | $ | 299,899 |
Schedule of Interest Income and Interest Expense Disclosure | Interest expense recorded in Shentel’s consolidated statements of operations consisted of the following for the years ended:
(in thousands) |  | 2024 |  | 2023 |  | 2022
Interest expense |  | $ | 24,415 |  |  | $ | 9,633 |  |  | $ | 2,241 |
Less: capitalized interest |  | (8,518) |  |  | (5,421) |  |  | (664) |
Interest expense, net of capitalized interest |  | $ | 15,897 |  |  | $ | 4,212 |  |  | $ | 1,577 |
Schedule of Maturities of Long-term Debt | The following table summarizes the expected payments of Shentel’s outstanding borrowings as of December 31, 2024:
(in thousands) |  | Amount
2025 |  | $ | 9,504 |
2026 |  | 140,063 |
2027 |  | 6,294 |
2028 |  | 262,096 |
Total |  | $ | 417,957 |

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