COMMITMENTS AND CONTINGENCIES

9 Months Ended

Sep. 30, 2021

Commitments and Contingencies Disclosure [Abstract]

The following summarizes the Company's significant contractual obligations, including related payments due by period, as of September 30, 2021 (in thousands):


Year Ending December 31,	Operating lease obligations		Long-term debt principal payments		Long-term interest payments
Remainder of 2021	$	7,889	$	—	$	—
2022	28,817		—		28,000
2023	36,032		—		28,000
2024	32,457		—		28,000
2025	15,704		—		28,000
Thereafter	18,416		1,000,000		140,000
Total	$	139,315	$	1,000,000	$	252,000

Currently, and from time to time, the Company is involved in litigation incidental to the conduct of its business. In accordance with GAAP, the Company records a provision for a liability when it is both probable that a liability has been incurred and the amount can be reasonably estimated. While it is reasonably possible that an unfavorable outcome may occur as a result of one or more of the Company’s current litigation matters, at this time, management has concluded that the resolutions of these matters are not expected to have a material effect on the Company's consolidated financial position, future results of operations or liquidity. Legal defense costs are expensed as incurred.