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Debt (Tables)
 3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments
Long-term debt at the balance sheet dates consisted of:
March 31, 2024December 31, 2023
Interest Rate at
March 31, 2024
PrincipalUnamortized Debt CostsTotalPrincipalUnamortized Debt CostsTotal
Term loan credit agreement maturing 2028, fixed interest rate9.1%$150.0 $(2.6)$147.4 $150.0 $(2.8)$147.2 
2020 Notes, maturing 2028, fixed interest rate4.8%275.0 (2.2)272.8 275.0 (2.4)272.6 
ABL Credit Agreement, variable interest rates6.7%— — — 20.0 — 20.0 
Finance leases23.0 — 23.0 23.3 — 23.3 
Total debt448.0 (4.9)443.2 468.3 (5.1)463.1 
Less: current portion(0.9)(0.9)(0.8)— (0.8)
Net long-term portion$447.2 $(4.9)$442.3 $467.4 $(5.1)$462.3 

In February 2024, we entered into a commitment letter to obtain financing from AgWest Farm Credit, PCA (“AgWest”), CoBank, FCB (“CoBank”) and Coöperatieve Rabobank U.A., New York Branch (“Rabobank”) in connection with the planned acquisition discussed at Note 16. In connection with the commitment, we paid an underwriting fee of $3.3 million, which is included in "Other assets, net" in the Consolidated Balance Sheets. As of March 31, 2024, no amounts were outstanding on these new facilities.
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
The fair value of our debt is included in the following table:
March 31, 2024December 31, 2023
Term loan credit agreement, maturing 2028, fixed interest rate$151.2 $150.6 
ABL Credit Agreement, variable interest rate— 20.0 
2020 Notes, maturing 2028, fixed interest rate254.4 255.1 
$405.6 $425.7