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Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt  
Summary of consolidated debt obligations

    

December 31, 

December 31, 

2023

2022

(In thousands)

Revolving Credit Facility (1)

$

115,000

$

190,000

Total long-term debt

$

115,000

$

190,000

(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

 

For the Year Ended

 

 

December 31, 

 

 

2023

2022

 

Revolving Credit Facility

9.35

%  

5.36

%