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CREDIT FACILITY (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Line of Credit Facilities Debt consists of the following as of December 31, 2021, and December 31, 2020:
(in thousands)December 31, 2021December 31, 2020
Term loans$192,631 $246,999 
Less: deferred financing costs(2,988)(5,209)
Term loans, net of deferred financing costs189,643 241,790 
Less: current portion— (2,500)
$189,643 $239,290 
Contractual Obligation, Fiscal Year Maturity
The required principal payments for Term Loans for each of the five years and thereafter following the
balance sheet date are as follows:
(in thousands)
2022$— 
2023— 
2024— 
2025— 
2026192,631 
Total $192,631 
The remaining aggregate commitment for lease payments under the operating lease for the facilities as of December 31, 2021 are as follows:
(in thousands) Capital Leases Operating Leases
2022$529 $8,762 
2023351 7,993 
2024122 7,136 
202582 4,852 
2026— 2,951 
Thereafter — 6,220 
Total $1,084 $37,914 
Less: amounts representing interest $58 
Net present value of capital lease obligations $1,026