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Financial Instruments and Fair Value Measurement (Tables)
3 Months Ended
Mar. 31, 2023
Fair Value Disclosures [Abstract]  
Estimated Fair Values of the Outstanding Debt The estimated fair values of the Company's outstanding debt under the fair value hierarchy as of March 31, 2023 and December 31, 2022 were as follows:

 

 

Fair value measurements as of
March 31, 2023 using:

 

Description

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Revolving credit facilities

 

$

 

 

$

173,420

 

 

$

 

 

$

173,420

 

Senior Notes

 

 

 

 

 

1,041,527

 

 

 

 

 

 

1,041,527

 

 

 

$

 

 

$

1,214,947

 

 

$

 

 

$

1,214,947

 

 

 

 

Fair value measurements as of
December 31, 2022 using:

 

Description

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Revolving credit facilities

 

$

 

 

$

141,075

 

 

$

 

 

$

141,075

 

Senior Notes

 

 

 

 

 

1,015,633

 

 

 

 

 

 

1,015,633

 

 

 

$

 

 

$

1,156,708

 

 

$

 

 

$

1,156,708