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Debt (Tables)
9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
Components of Debt
The Company’s borrowings consist of the following:
  As of
(in thousands)MaturitiesStated Interest RateEffective Interest RateSeptember 30,
2023
December 31,
2022
Unsecured notes (1)
20265.75%5.75%$398,085 $397,548 
Revolving credit facility2027
4.80% - 8.88%
6.19%60,895 200,236 
Term loan (2)
2027
7.17% - 7.25%
7.31%149,303 — 
Real estate term loan (3)
20287.07%7.17%75,165 — 
Capital term loan (4)
20287.32%7.42%64,137 — 
Truist Bank commercial note (5)
2031
6.10% - 7.10%
6.68% 23,522 
Truist Bank commercial note2032
6.38% - 7.38%
6.90% 66,513 
Truist Bank commercial note (6)
2032
6.13% - 7.13%
6.72% 26,548 
Pinnacle Bank term loan20244.15%4.18%7,589 8,433 
Other indebtedness2024 - 2030
0.00% - 16.00%
6,512 3,560 
Total Debt761,686 726,360 
Less: current portion(21,880)(155,813)
Total Long-Term Debt$739,806 $570,547 
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(1)     The carrying value is net of $1.9 million and $2.5 million of unamortized debt issuance costs as of September 30, 2023 and December 31, 2022, respectively.
(2)     The carrying value is net of $0.7 million of unamortized debt issuance costs as of September 30, 2023.
(3)     The carrying value is net of $0.1 million of unamortized debt issuance costs as of September 30, 2023.
(4)     The carrying value is net of $0.9 million of unamortized debt issuance costs as of September 30, 2023.
(5)     The carrying value is net of $0.1 million of unamortized debt issuance costs as of December 31, 2022.
(6)     The carrying value is net of $0.1 million of unamortized debt issuance costs as of December 31, 2022.