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Debt (Tables)
 9 Months Ended
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, 2022December 31, 2021
Long-term debt:
  Senior Credit Facility (1) (2)
$93,000 $135,000 
  Subordinated Debt
20,000 — 
Total long-term debt113,000 135,000 
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,
2022202120222021
Senior Credit Facility$1,270 $678 $2,849 $1,950 
Letters of credit fees and commitment fees504 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