Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Debt

Debt consisted of the following (in thousands):

	December 31, 2023		December 31, 2022
6.125% Senior Notes	$	—	$	547,784
Short-term debt	—		547,784
Delayed Draw Term Loan	417,260		—
Cantor Credit Agreement	130,000		—
Long-term debt	547,260		—
Total corporate debt	$	547,260	$	547,784

The carrying amount of the Delayed Draw Term Loan was determined as follows (in thousands):

	December 31, 2023		December 31, 2022
Principal balance	$	420,000	$	—
Less: debt issue cost	2,740		—
Total	$	417,260	$	—

	Year Ended December 31,
	2023		2022		2021
Interest expense	$	4,515	$	—	$	—
Debt issue cost amortization	342		—		—
Total	$	4,857	$	—	$	—

Schedule of Debt

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

	December 31, 2023		December 31, 2022
Principal balance	$	—	$	550,000
Less: debt issue cost	—		1,120
Less: debt discount	—		1,096
Total	$	—	$	547,784

Interest expense, amortization of debt issue costs and amortization of the

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

	Year Ended December 31,
	2023		2022		2021
Interest expense	$	29,383	$	33,687	$	33,687
Debt issue cost amortization	1,120		1,284		1,284
Debt discount amortization	1,096		1,261		1,183
Total	$	31,599	$	36,232	$	36,154

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

	Year Ended December 31,
	2023		2022		2021
Interest expense	$	8,925	$	—	$	1,623
Debt issue cost amortization	1,238		1,981		826
Unused facility fee	972		1,285		972
Total	$	11,135	$	3,266	$	3,421