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Long-term Debt, Net
 3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Long-term Debt, Net Long-term Debt, Net
Following is a summary of outstanding Long-term debt, net, as of the periods indicated:
MARCH 31, 2024DECEMBER 31, 2023
(dollars in thousands)OUTSTANDING BALANCEINTEREST RATEOUTSTANDING BALANCEINTEREST RATE
Senior secured credit facility - revolving credit facility (1)$635,000 6.94 %$381,000 6.96 %
2025 Notes (2)20,724 5.00 %104,786 5.00 %
2029 Notes300,000 5.13 %300,000 5.13 %
Less: unamortized debt discount and issuance costs (2)(3,946)(5,067)
Long-term debt, net$951,778 $780,719 
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(1)Interest rate represents the weighted average interest rate as of the respective periods.
(2)During the thirteen weeks ended March 31, 2024, the Company repurchased $83.6 million of the 2025 Notes and as a result, wrote off $0.8 million of debt issuance costs. See Note 9 - Convertible Senior Notes for additional details.

Debt Covenants - As of March 31, 2024 and December 31, 2023, the Company was in compliance with its debt covenants.