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Debt (Tables) | 6 Months Ended
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Jun. 30, 2025
Debt Disclosure [Abstract] |
Schedule of Long-term Debt |
(in thousands) | June 30, 2025 |  | December 31, 2024
Term loan A-1 | $ | 140,862 |  |  | $ | 144,451 |
Term loan A-2 | 147,764 |  |  | 148,506 |
Term loan A-3 | 224,438 |  |  | 125,000 |
Total debt | 513,064 |  |  | 417,957 |
Less: unamortized loan fees | (1,250) |  |  | (1,078) |
Total debt, net of unamortized loan fees | $ | 511,814 |  |  | $ | 416,879 |
Schedule of Interest Income and Interest Expense Disclosure | Interest expense recorded in Shentel’s unaudited condensed consolidated statements of operations consisted of the following:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
Interest expense | $ | 8,733 |  |  | $ | 6,214 |  |  | $ | 15,995 |  |  | $ | 11,597 |
Less: capitalized interest | (2,730) |  |  | (2,218) |  |  | (5,100) |  |  | (3,525) |
Interest expense, net of capitalized interest | $ | 6,003 |  |  | $ | 3,996 |  |  | $ | 10,895 |  |  | $ | 8,072 |
Maturities of Long-term Debt | The following table summarizes the expected payments of Shentel’s outstanding borrowings as of June 30, 2025:
(in thousands) |  | Amount
2025 (remainder of the year) |  | $ | 5,359 |
2026 |  | 10,430 |
2027 |  | 140,792 |
2028 |  | 356,483 |
Total |  | $ | 513,064 |

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