XML 40 R31.htm IDEA: XBRL DOCUMENT
v3.22.1

Debt (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
Debt Disclosure [Abstract] |
Schedule of Debt | Debt consists of the following amounts as of March 31, 2022 and December 31, 2021 (in thousands):
| March 31, 2022 |  | December 31, 2021
Long-term debt: |  |  |
Senior Credit Facility (1) (2) | $ | 106,000 |  |  | $ | 135,000 |
Subordinated Debt | 15,000 |  |  | — |
Total long-term debt | 121,000 |  |  | 135,000 |
Total debt | $ | 121,000 |  |  | $ | 135,000 |
(1) As of March 31, 2022 and December 31, 2021, the weighted average interest rate on the Senior Credit Facility was 3.51% and 3.24%, respectively. (2) As of March 31, 2022 and December 31, 2021, we had $28.3 million and $27.7 million in letters of credit issued, respectively.
Schedule of Components of Interest Expense | Interest expense consists of the following components for the periods indicated (in thousands):
| Three Months Ended March 31, |  |  |  |
| 2022 |  | 2021 |  |  |  |  |  |  |  |
Senior Credit Facility | $ | 696 |  |  | $ | 468 |  |  |  |  |  |  |  |  |
Letters of credit fees and commitment fees | 365 |  |  | 402 |  |  |  |  |  |  |  |  |
Amortization of deferred financing costs | 245 |  |  | 259 |  |  |  |  |  |  |  |  |
Other | 1 |  |  | 182 |  |  |  |  |  |  |  |  |
Interest Expense | $ | 1,307 |  |  | $ | 1,311 |  |  |  |  |  |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of interest income and expense, including, but not limited to, interest income and expense from investments, loans, and securities. + References No definition available. + Details
Name: | us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration