Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Schedule of Long-Term Debt and Long-Term Debt Payable to Related Parties

Long-term debt consisted of the following (in thousands):

	March 31, 2022		December 31, 2021
6.125% Senior Notes	$	545,868	$	545,239
Credit Facility (1)	(3,390)		—
Total	$	542,478	$	545,239

(1) Represents debt issuance costs that will be amortized over the life of the credit facility.

The carrying amount of the 6.125% Senior Notes was determined as follows (in thousands):

	March 31, 2022		December 31, 2021
Principal balance	$	550,000	$	550,000
Less: debt issue cost	2,083		2,404
Less: debt discount	2,049		2,357
Total	$	545,868	$	545,239

Interest expense, amortization of debt issue costs and amortization of the debt discount of the 6.125% Senior Notes, included in “Interest (expense) income, net” on the accompanying unaudited condensed consolidated statements of operations, were as follows (in thousands):

	Three Months Ended March 31,
	2022		2021
Interest expense	$	8,422	$	8,711
Debt issue cost amortization	321		321
Debt discount amortization	308		289
Total	$	9,051	$	9,321

Interest expense and amortization of debt issue costs of the Credit Facility, included in “Interest (expense) income, net” on the accompanying unaudited condensed consolidated statements of operations, were as follows (in thousands):

	Three Months Ended March 31,
	2022		2021
Interest expense	$	—	$	582
Debt issue cost amortization	—		275
Unused facility fee	290		213
Total	$	290	$	1,070