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Debt (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Debt consisted of the following (in thousands):
 March 31, 2025December 31, 2024
7.500% Senior Notes
$595,941 $595,673 
Credit Facility
175,000 75,000 
Long-term debt770,941 670,673 
Total corporate debt
$770,941 $670,673 
Schedule of Debt
The carrying amount of the 7.500% Senior Notes was determined as follows (in thousands):

 March 31, 2025December 31, 2024
Principal balance$600,000 $600,000 
Less: debt issue cost4,059 4,327 
    Total
$595,941 $595,673 
Interest expense, amortization of debt issue costs of the 7.500% Senior Notes, included in “Interest expense, net” on the accompanying unaudited condensed consolidated statements of operations, were as follows (in thousands):
 Three Months Ended March 31,
20252024
Interest expense$11,250 $9,875 
Debt issue cost amortization268 221 
Total$11,518 $10,096 
Interest expense and amortization of debt issue costs of the Credit
Facility, included in “Interest expense, net” on the accompanying unaudited condensed consolidated statements of operations were as follows (in thousands):

 Three Months Ended March 31,
20252024
Interest expense$2,023 $308 
Debt issue cost amortization354 264 
Unused facility fee243 312 
Total$2,620 $884