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Long-term Debt (Tables)
3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
As of March 31, 2022 and December 31, 2021, long-term debt consisted of the following (in thousands):
March 31,
2022
December 31,
2021
Revolving credit facilities(1)
$— $— 
2026 Notes(2)
131,506 131,291 
2023 Notes(3)
25,839 25,802 
Promissory note17,534 17,534 
Other debt and finance lease obligations3,958 4,123 
Total debt178,837 178,750 
Less: Current portion(44,047)(18,262)
Total long-term debt$134,790 $160,488 
____________________
(1)Unamortized deferred financing costs of $2.5 million and $2.7 million as of March 31, 2022 and December 31, 2021, respectively, are presented in other noncurrent assets.
(2)The outstanding principal amount of the 2026 Notes was $135.0 million as of March 31, 2022 and December 31, 2021.
(3)The outstanding principal amount of the 2023 Notes was $26.0 million as of March 31, 2022 and December 31, 2021.
The following table provides a summary of the Company's purchases of outstanding 2023 Notes during the three months ended March 31, 2021, with non-cash gains reported within other income, net (in thousands):
Principal AmountCarrying Value of LiabilityCash PaidNon-cash Gains Recognized
Three Months Ended March 31,
2021$125,000 $123,637 $120,000 $3,637