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Debt (Tables) | 9 Months Ended
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Sep. 30, 2022
Debt Disclosure [Abstract] |
Schedule of Debt | Debt consists of the following amounts as of September 30, 2022 and December 31, 2021 (in thousands):
| September 30, 2022 |  | December 31, 2021
Long-term debt: |  |  |
Senior Credit Facility (1) (2) | $ | 93,000 |  |  | $ | 135,000 |
Subordinated Debt | 20,000 |  |  | — |
Total long-term debt | 113,000 |  |  | 135,000 |
Total debt | $ | 113,000 |  |  | $ | 135,000 |
(1) As of September 30, 2022 and December 31, 2021, the weighted average interest rate on the Senior Credit Facility was 5.76% and 3.24%, respectively. (2) As of September 30, 2022 and December 31, 2021, we had $34.9 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 September 30, |  | Nine Months Ended September 30, |  |
| 2022 |  | 2021 |  | 2022 |  | 2021 |  |  |  |
Senior Credit Facility | $ | 1,270 |  |  | $ | 678 |  |  | $ | 2,849 |  |  | $ | 1,950 |  |  |  |  |
Letters of credit fees and commitment fees | 504 |  |  | 351 |  |  | 1,266 |  |  | 1,088 |  |  |  |  |
Amortization of deferred financing costs | 206 |  |  | 275 |  |  | 919 |  |  | 792 |  |  |  |  |
Other | 22 |  |  | (6) |  |  | 95 |  |  | 331 |  |  |  |  |
Interest Expense | $ | 2,002 |  |  | $ | 1,298 |  |  | $ | 5,129 |  |  | $ | 4,161 |  |  |  |  |

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- 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
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