Debt and Debt Issuance Costs (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of Debt

The Company’s debt at December 31, 2021 and 2020, was as follows:

	As at December 31,
(Thousands of U.S. Dollars)	2021		2020
Current
Revolving credit facility	$	67,500	$	—
Unamortized debt issuance costs	(513)		—
Current portion of long-term debt	$	66,987	$	—
Long Term
6.25% Senior Notes	$	300,000	$	300,000
7.75% Senior Notes	300,000		300,000
Revolving credit facility	—		190,000
Unamortized debt issuance costs	(14,030)		(18,124)
Long-term lease obligation (1)	1,434		2,894
Long-term debt	$	587,404	$	774,770
Total Debt	$	654,391	$	774,770

(1) The current portion of the lease obligation has been included in accounts payable and accrued liabilities on the Company’s balance sheet and totaled $3.3 million as at December 31, 2021 (December 31, 2020 - $3.3 million).

Schedule of Total Interest Expense Recognized

The following table presents the total interest expense recognized in the accompanying consolidated statements of operations:

	Year Ended December 31,
(Thousands of U.S. Dollars)	2021		2020		2019
Contractual interest and other financing expenses	$	50,572	$	50,515	$	39,892
Amortization of debt issuance costs	3,809		3,625		3,376
	$	54,381	$	54,140	$	43,268