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Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2023
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on a Recurring Basis
The following tables present our assets that are required to be measured at fair value on a recurring basis as of June 30, 2023 and December 31, 2022 (in thousands):
 Fair Value at Reporting Date Using
Assets:June 30, 2023Level 1Level 2Level 3
Derivatives(1)
    
Interest rate swap contracts$3,247 $— $3,247 $— 
Investment in securities58,277 58,277 — — 
Money market funds356,911 356,911 — — 
Time deposits205,974 — 205,974 — 
Total$624,409 $415,188 $209,221 $— 

 Fair Value at Reporting Date Using
Assets:December 31, 2022Level 1Level 2Level 3
Derivatives(1)
    
Interest rate swap contracts$4,737 $— $4,737 $— 
Investment in securities54,303 54,303 — — 
Money market funds153,252 153,252 — — 
Time deposits444,835 — 444,835 — 
Total$657,127 $207,555 $449,572 $— 
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(1) See Note 9. Derivatives for further detail.
Schedule of Fair Value and Carrying Value of Debt
The following table presents the fair value and carrying value of our senior notes and borrowings under our senior secured credit facilities as of June 30, 2023 and December 31, 2022 (in thousands):
 Fair Value at
Carrying Value at (1)
Financial InstrumentJune 30, 2023December 31, 2022June 30, 2023December 31, 2022
2021 Term Loan B-1$311,288 $362,872 $393,318 $397,147 
2021 Term Loan B-2483,260 578,042 610,175 629,832 
2022 Term Loan B-1454,848 567,974 597,922 614,139 
2022 Term Loan B-2514,635 623,235 616,504 640,899 
9.25% senior secured notes due 2025
97,798 774,128 104,901 775,000 
7.375% senior secured notes due 2025
755,535 813,539 850,000 850,000 
4.00% senior exchangeable notes due 2025
259,092 358,440 333,220 333,220 
11.25% senior secured notes due 2027
469,558 572,058 545,554 544,770 
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(1)Excludes net unamortized debt issuance costs.