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Term Loan and Credit Facility (Tables)
 9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Schedule of Carrying Values of Debt Instruments The outstanding balance of the Term Loan as of September 30, 2021 was (in thousands):
Term loan
Principal$150,000 
Less: debt issuance costs, net(1,943)
Net carrying amount$148,057 
Schedule of Interest Expense Recognized Related to Debt
The following table sets forth total interest expense recognized related to the Convertible Notes during the three and nine months ended September 30, 2021 and 2020 (in thousands):
Three Months Ended Sept 30, Nine Months Ended Sept 30,
2021202020212020
Contractual interest expense$1,446 $2,288 $5,048 $6,863 
Amortization of debt discount196 4,421 684 12,830 
Amortization of debt issuance costs11 165 38 480 
Total interest expense$1,653 $6,874 $5,770 $20,173 
The following table sets forth total interest expense recognized related to the Term Facility during the three and nine months ended September 30, 2021 and 2020 (in thousands):
Three Months Ended Sept 30, Nine Months Ended Sept 30,
2021202020212020
Contractual interest expense$2,971 $198 $6,947 $573 
Amortization of debt discount208 1 465 2 
Total interest expense$3,179 $199 $7,412 $575 
Schedule of Future Minimum Payments on Long-Term Debt
Future minimum payments on the Company’s Convertible Notes as of September 30, 2021 are as follows (in thousands):
Years ended December 31,
Future Minimum Payments
20225,783 
20235,783 
2024198,535 
Total minimum payments
$210,101 
Less: interest
(17,348)
Less: unamortized discount
(2,481)
Less: current portion
— 
Convertible notes payable
$190,272 
Future minimum payments on the Term Facility as of September 30, 2021 are as follows (in thousands):
Years ended December 31,
Future Minimum Payments
2021$2,906 
202211,625 
202361,302 
2024102,260 
Total minimum payments
$178,093 
Less: interest
(28,093)
Less: unamortized issuance costs
(1,943)
Less: current portion
— 
Term loan
$148,057