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Debt (Tables)
3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Debt
Debt consisted of the following (in thousands):
 March 31, 2024December 31, 2023
7.500% Senior Notes
$595,183 $— 
Credit Facility
75,000 — 
Delayed Draw Term Loan
— 417,260 
Cantor Credit Agreement
— 130,000 
Long-term debt670,183 547,260 
Total corporate debt
$670,183 $547,260 
The carrying amount of the Delayed Draw Term Loan was determined as follows (in thousands):
 March 31, 2024December 31, 2023
Principal balance$— $420,000 
Less: debt issue cost— 2,740 
Total$— $417,260 

 Three Months Ended March 31,
20242023
Interest expense$1,038 $— 
Debt issue cost amortization16 — 
Acceleration of debt issuance costs
2,653 — 
Total$3,707 $— 
Schedule of Debt Interest expense, amortization of debt issue costs and amortization of the debt discount of the 6.125% Senior Notes, included in “Interest expense, net” on the accompanying unaudited condensed consolidated statements of operations, were as follows (in thousands):
 Three Months Ended March 31,
20242023
Interest expense$— $8,422 
Debt issue cost amortization— 321 
Debt discount amortization— 328 
Total$— $9,071 
The carrying amount of the 7.500% Senior Notes was determined as follows (in thousands):

 March 31, 2024December 31, 2023
Principal balance$600,000 $— 
Less: debt issue cost4,817 — 
    Total
$595,183 $— 
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,
20242023
Interest expense$9,875 $— 
Debt issue cost amortization221 — 
Total$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,
20242023
Interest expense$308 $1,259 
Debt issue cost amortization264 447 
Unused facility fee312 271 
Total$884 $1,977