XML 63 R52.htm IDEA: XBRL DOCUMENT v3.25.2
Debt (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Debt consisted of the following (in thousands):
 June 30, 2025December 31, 2024
7.500% Senior Notes
$596,210 $595,673 
Credit Facility
275,000 75,000 
Long-term debt871,210 670,673 
Total corporate debt
$871,210 $670,673 
Schedule of Debt
The carrying amount of the 7.500% Senior Notes was determined as follows (in thousands):

 June 30, 2025December 31, 2024
Principal balance$600,000 $600,000 
Less: debt issue cost3,790 4,327 
    Total
$596,210 $595,673 
Interest expense and 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 June 30,Six Months Ended June 30,
2025202420252024
Interest expense$11,250 $11,250 $22,500 $21,125 
Debt issue cost amortization268 280 537 501 
Total$11,518 $11,530 $23,037 $21,626 
Interest expense, amortization of debt issue costs, and unused facility fee 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 June 30,Six Months Ended June 30,
2025202420252024
Interest expense$3,859 $2,336 $5,882 $2,644 
Debt issue cost amortization354 354 708 618 
Unused facility fee177 245 420 557 
Total$4,390 $2,935 $7,010 $3,819