XML 76 R62.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Debt - Additional Information (Details)
12 Months Ended 25 Months Ended
Apr. 15, 2024
USD ($)
Aug. 16, 2023
USD ($)
Jul. 03, 2023
May 24, 2023
USD ($)
May 25, 2021
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Jul. 03, 2023
Apr. 17, 2024
USD ($)
Apr. 16, 2024
USD ($)
Mar. 29, 2023
USD ($)
Debt Instrument [Line Items]                      
Debt instrument, face amount                     $ 14,000,000
Unamortized debt issuance costs           $ 8,915,000 $ 4,802,000        
Interest expense paid-in-kind           23,482,000 0        
Total debt           298,018,000 261,625,000        
Restricted cash           502,000 0        
Line of Credit | Subsequent Event | During the Two Week Period After the Second Amendment Effective Date                      
Debt Instrument [Line Items]                      
Redemption price, percentage 80.00%                    
Line of Credit | Subsequent Event | During the Three Week Period After the Second Amendment Effective Date                      
Debt Instrument [Line Items]                      
Redemption price, percentage 82.50%                    
Line of Credit | Subsequent Event | During the Four Week Period After the Second Amendment Effective Date and Thereafter                      
Debt Instrument [Line Items]                      
Redemption price, percentage 85.00%                    
Line of Credit | Revolving credit facility                      
Debt Instrument [Line Items]                      
Amount withdrawn       $ 10,000,000              
Senior Secured Credit Facility | Line of Credit                      
Debt Instrument [Line Items]                      
Debt term (in years)         5 years            
Senior secured revolving credit facility         $ 275,000,000            
Senior Secured Credit Facility | Line of Credit | January 1, 2025 Through June 30, 2025                      
Debt Instrument [Line Items]                      
Interest rate paid in kind   5.00%                  
Senior Secured Credit Facility | Line of Credit | July 1, 2025 Through December 31, 2025                      
Debt Instrument [Line Items]                      
Interest rate paid in kind   7.50%                  
Senior Secured Credit Facility | Line of Credit | Calendar Year 2026 Until Maturity                      
Debt Instrument [Line Items]                      
Interest rate paid in kind   10.00%                  
Senior Secured Credit Facility | Line of Credit | First Quarter 2024                      
Debt Instrument [Line Items]                      
Total net leverage ratio   15.6                  
Senior Secured Credit Facility | Line of Credit | Second Quarter 2024                      
Debt Instrument [Line Items]                      
Total net leverage ratio   10.6                  
Senior Secured Credit Facility | Line of Credit | Fourth Quarter Of 2025 And Until Maturity                      
Debt Instrument [Line Items]                      
Total net leverage ratio   6.9                  
Senior Secured Credit Facility | Line of Credit | Remainder Of 2023                      
Debt Instrument [Line Items]                      
Minimum liquidity covenant   $ 9,000,000                  
Senior Secured Credit Facility | Line of Credit | After 2023                      
Debt Instrument [Line Items]                      
Minimum liquidity covenant   $ 10,000,000                  
Senior Secured Credit Facility | Line of Credit | Secured Overnight Financing Rate | PIK Option Exercised                      
Debt Instrument [Line Items]                      
Variable rate (as percent)   11.00%                  
Senior Secured Credit Facility | Line of Credit | Secured Overnight Financing Rate | Interest Is Paid In Cash During PIK Period                      
Debt Instrument [Line Items]                      
Variable rate (as percent)   8.00%                  
Senior Secured Credit Facility | Line of Credit | Secured Overnight Financing Rate | After PIK Period                      
Debt Instrument [Line Items]                      
Variable rate (as percent)   8.00%                  
Senior Secured Credit Facility | Line of Credit | Secured Overnight Financing Rate | Credit Rating Of B3 And B-                      
Debt Instrument [Line Items]                      
Variable rate (as percent)   6.00%                  
Senior Secured Credit Facility | Line of Credit | Secured Debt                      
Debt Instrument [Line Items]                      
Debt instrument, face amount         $ 225,000,000            
Discount as a percentage         1.80%            
Discount amount         $ 4,200,000 2,100,000 3,000,000        
Payment of original principal amount paid quarterly (as percent)         1.00%            
Debt issuance costs, before amortization   $ 6,300,000     $ 3,500,000            
Unamortized debt issuance costs           6,800,000 1,800,000        
Interest expense paid-in-kind           19,100,000          
Total debt           $ 242,900,000          
Effective interest rate (as percent)           13.40%          
Senior Secured Credit Facility | Line of Credit | Secured Debt | London Interbank Offered Rate (LIBOR)                      
Debt Instrument [Line Items]                      
Variable rate (as percent)         5.00%     5.00%      
Senior Secured Credit Facility | Line of Credit | Secured Debt | Base Rate                      
Debt Instrument [Line Items]                      
Variable rate (as percent)         4.00%            
Senior Secured Credit Facility | Line of Credit | Secured Debt | Secured Overnight Financing Rate                      
Debt Instrument [Line Items]                      
Variable rate (as percent)     5.00%                
Senior Secured Credit Facility | Line of Credit | Revolving credit facility                      
Debt Instrument [Line Items]                      
Senior secured revolving credit facility         $ 50,000,000            
Per annum commitment fee (as percent)         0.50%            
Minimum payment (as a percentage)   1.00%                  
Debt issuance costs, before amortization   $ 800,000                  
Unamortized debt issuance costs           $ 1,100,000 $ 600,000        
Interest expense paid-in-kind           4,300,000          
Total debt           $ 55,100,000          
Effective interest rate (as percent)           13.10%          
Senior Secured Credit Facility | Line of Credit | Revolving credit facility | Subsequent Event                      
Debt Instrument [Line Items]                      
Senior secured revolving credit facility                 $ 297,000,000 $ 275,000,000  
Senior Secured Credit Facility | Line of Credit | Revolving credit facility | Subsequent Event | Minimum                      
Debt Instrument [Line Items]                      
Restricted cash $ 5,000,000                    
Variance in dollar amount as percent 15.00%                    
Per annum commitment fee 8.00%                    
Senior Secured Credit Facility | Line of Credit | Revolving credit facility | London Interbank Offered Rate (LIBOR)                      
Debt Instrument [Line Items]                      
Variable rate (as percent)         4.25%            
Alternate base rate (as percent)         1.00%            
Senior Secured Credit Facility | Line of Credit | Revolving credit facility | Base Rate                      
Debt Instrument [Line Items]                      
Variable rate (as percent)         3.25%            
Stated rate (as percent)           1.75%          
Senior Secured Credit Facility | Line of Credit | Revolving credit facility | Fed Funds Effective Rate Overnight Index Swap Rate                      
Debt Instrument [Line Items]                      
Alternate base rate (as percent)         0.50%            
Senior Secured Credit Facility | Line of Credit | Revolving credit facility | Secured Overnight Financing Rate                      
Debt Instrument [Line Items]                      
Variable rate (as percent)     4.25%                
Tranche A Term Loan Commitments | Line of Credit | Revolving credit facility | Subsequent Event                      
Debt Instrument [Line Items]                      
Senior secured revolving credit facility                 $ 22,000,000