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Unsecured Convertible Senior Notes (Tables)
6 Months Ended
Jun. 30, 2022
Debt Instrument [Line Items]  
Summary of unsecured convertible senior notes outstanding

Balance as of June 30, 2022

    

2023 Notes

    

2026 Notes

    

Total

(In thousands)

Principal amount

$

95,000

$

225,030

$

320,030

Unamortized debt issuance costs

 

(956)

 

(4,716)

 

(5,672)

Total unsecured convertible senior notes, net

$

94,044

$

220,314

$

314,358

Fair value of outstanding unsecured convertible senior notes (1)

$

85,263

$

132,064

Balance as of December 31, 2021

    

2023 Notes

    

2026 Notes

    

Total

(In thousands)

Principal amount

$

95,000

$

225,030

$

320,030

Unamortized discount

 

(1,282)

 

(5,290)

 

(6,572)

Total unsecured convertible senior notes, net

$

93,718

$

219,740

$

313,458

Fair value of outstanding unsecured convertible senior notes (1)

$

87,163

$

171,867

(1)The fair value is classified as Level 3 due to the limited trading activity for the unsecured convertible senior notes.

Schedule of future minimum payments of debt

 

(In thousands)

2023

 

$

95,000

2024

 

2025

 

2026

 

225,030

2027

Total future minimum principal payments under the 2023 Notes and 2026 Notes

 

$

320,030

2023 Unsecured Convertible Senior Notes  
Debt Instrument [Line Items]  
Schedule of total interest expense recognized

    

Three Months Ended June 30,

Six Months Ended June 30, 

2022

    

2021

2022

    

2021

(In thousands)

(In thousands)

Contractual interest expense

$

1,484

$

1,484

$

2,969

$

2,969

Amortization of debt issuance costs

 

164

 

153

 

325

 

303

Total

$

1,648

$

1,637

$

3,294

$

3,272

2026 Unsecured Convertible Senior Notes  
Debt Instrument [Line Items]  
Schedule of total interest expense recognized

    

Three Months Ended June 30,

Six Months Ended June 30,

2022

    

2021

2022

2021

(In thousands)

(In thousands)

Contractual interest expense

$

2,954

$

2,954

$

5,907

$

5,907

Amortization of debt issuance costs

 

290

 

273

575

519

Total

$

3,244

$

3,227

$

6,482

$

6,426