Debt (Tables)

12 Months Ended

Dec. 31, 2022

Debt

Consolidated Debt Obligations

The Company’s consolidated debt obligations consisted of the following at the dates indicated:

	December 31,		December 31,
	2022		2021
	(In thousands)
Revolving Credit Facility (1)	$	190,000	$	230,000
Total long-term debt	$	190,000	$	230,000

(1) The carrying amount of the Company’s Revolving Credit Facility approximates fair value because the interest rates are variable and reflective of market rates.

Summary of Weighted-Average Interest Rates Paid on Variable-Rate Debt Obligations

The following table presents the weighted-average interest rates paid on variable-rate debt obligations for the periods presented:

	For the Year Ended
	December 31,
	2022		2021
Revolving Credit Facility	5.36	%	3.65	%