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LONG-TERM DEBT (Tables) | 9 Months Ended
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Sep. 30, 2025
Debt Disclosure [Abstract] |
Schedule of outstanding indebtedness, at face value | As of September 30, 2025, the Company’s outstanding indebtedness, at face value, was as follows (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | Face Value Debt |  | Maturity Date |  | Interest Rate |  | Wtd. Avg. Rate
Credit Facility (1) | $ | 139,000 | ​ | January 2027 | ​ | ​ | SOFR + 0.10% + [1.25% - 2.20%] | ​ | ​ | 5.17%
2027 Term Loan (2) | ​ | 100,000 | ​ | January 2027 | ​ | ​ | SOFR + 0.10% + [1.25% - 2.20%] | ​ | ​ | 2.80%
2028 Term Loan (3) | ​ | 100,000 | ​ | January 2028 | ​ | ​ | SOFR + 0.10% + [1.20% - 2.15%] | ​ | ​ | 5.18%
2029 Term Loan (4) | ​ | 125,000 | ​ | September 2029 | ​ | ​ | SOFR + [1.20% - 2.15%] | ​ | ​ | 4.21%
2030 Term Loan (5) | ​ | 125,000 | ​ | September 2030 | ​ | ​ | SOFR + [1.20% - 2.15%] | ​ | ​ | 4.24%
Mortgage Note Payable | ​ | 17,800 | ​ | August 2026 | ​ | ​ | 4.060% | ​ | ​ | 4.06%
Total Long-Term Face Value Debt | $ | 606,800 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 4.36%
(1) | The Company utilized interest rate swaps on $65.0 million of the Credit Facility balance to fix SOFR and achieve a weighted average fixed swap rate of 3.12% plus the 10 bps SOFR adjustment plus the applicable spread.
(2) The Company utilized interest rate swaps on the $100.0 million 2027 Term Loan balance to fix SOFR and achieve a weighted average fixed swap rate of 1.35% plus the 10 bps SOFR adjustment plus the applicable spread.
(3) | The Company utilized interest rate swaps on the $100.0 million 2028 Term Loan balance to fix SOFR and achieve a fixed swap rate of 3.78% plus the 10 bps SOFR adjustment plus the applicable spread.
(4) | The Company utilized interest rate swaps on the $125.0 million 2029 Term Loan balance to fix SOFR and achieve a weighted average fixed swap rate of 2.91% plus the applicable spread.
(5) | The Company utilized interest rate swaps on the $125.0 million 2030 Term Loan balance to fix SOFR and achieve a weighted average fixed swap rate of 2.94% plus the applicable spread.
Schedule of components of long-term debt | Long-term debt consisted of the following (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | September 30, 2025 | ​ | December 31, 2024
​ | Total |  | Due Within One Year |  | Total |  | Due Within One Year
Credit Facility | $ | 139,000 | ​ | $ | — | ​ | $ | 87,000 | ​ | $ | —
2026 Term Loan | ​ | — | ​ | ​ | — | ​ | ​ | 65,000 | ​ | ​ | —
2027 Term Loan | ​ | 100,000 | ​ | ​ | — | ​ | ​ | 100,000 | ​ | ​ | —
2028 Term Loan | ​ | 100,000 | ​ | ​ | — | ​ | ​ | 100,000 | ​ | ​ | —
2029 Term Loan | ​ | 125,000 | ​ | ​ | — | ​ | ​ | 100,000 | ​ | ​ | —
2030 Term Loan | ​ | 125,000 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
3.875% Convertible Senior Notes, net of Discount | ​ | — | ​ | ​ | — | ​ | ​ | 50,989 | ​ | ​ | 50,989
Mortgage Note Payable | ​ | 17,800 | ​ | ​ | 17,800 | ​ | ​ | 17,800 | ​ | ​ | —
Financing Costs, net of Accumulated Amortization | ​ | (2,637) | ​ | ​ | — | ​ | ​ | (1,796) | ​ | ​ | —
Total Long-Term Debt | $ | 604,163 | ​ | $ | 17,800 | ​ | $ | 518,993 | ​ | $ | 50,989
Schedule of payments applicable to reduction of principal amounts | ​ Payments applicable to reduction of principal amounts as of September 30, 2025 will be required as follows (in thousands): ​
​ | ​ | ​
As of September 30, 2025 | Amount
Remainder of 2025 | $ | —
2026 | ​ | 17,800
2027 | ​ | 239,000
2028 | ​ | 100,000
2029 | ​ | 125,000
2030 | ​ | 125,000
2031 and Thereafter | ​ | —
Total Long-Term Debt - Face Value | $ | 606,800
Schedule of carrying value of long-term debt | The carrying value of long-term debt as of September 30, 2025 consisted of the following (in thousands): ​
​ | ​ | ​
​ | Total
Current Face Amount | $ | 606,800
Financing Costs, net of Accumulated Amortization | ​ | (2,637)
Total Long-Term Debt | $ | 604,163
Schedule of interest expense on debt | ​ The following table reflects a summary of interest expense incurred and paid during the three and nine months ended September 30, 2025 and 2024 (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | Three Months Ended | ​ | Nine Months Ended
​ | September 30, 2025 | ​ | September 30, 2024 | ​ | September 30, 2025 | ​ | September 30, 2024
Interest Expense | $ | 6,533 | ​ | $ | 5,348 | ​ | $ | 18,843 | ​ | $ | 15,888
Amortization of Deferred Financing Costs | ​ | 300 | ​ | ​ | 245 | ​ | ​ | 940 | ​ | ​ | 758
Amortization of Discount on Convertible Notes | ​ | — | ​ | ​ | 39 | ​ | ​ | 45 | ​ | ​ | 119
Total Interest Expense | $ | 6,833 | ​ | $ | 5,632 | ​ | $ | 19,828 | ​ | $ | 16,765
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total Interest Paid (1) | $ | 4,160 | ​ | $ | 4,986 | ​ | $ | 16,950 | ​ | $ | 15,640
(1) | Includes capitalized interest of $0.1 million during the nine months ended September 30, 2025 and 2024.

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