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Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Summary of Fair Value Assets and Liabilities Measured on Recurring Basis
The following table presents the placement in the fair value hierarchy of the Company’s debt, net of deferred financing costs at December 31, 2021 and 2020:
 Carrying value
Fair value measurement at December 31, 2021
Level 1Level 2Level 3
(in thousands)
Liabilities:
Debt at fair value$146,260 $— $146,260 $— 
Total$146,260 $ $146,260 $ 
 
 Carrying value
Fair value measurement at December 31, 2020
Level 1Level 2Level 3
(in thousands)
Liabilities:
Debt at fair value$157,747 $— $157,747 $— 
Total$157,747 $ $157,747 $