XML 47 R34.htm IDEA: XBRL DOCUMENT v3.23.2
Debt Obligations (Tables)
6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Debt Obligations

Debt obligations consists of the following:

 

 

 

As of

 

 

As of

 

 

 

June 30,

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

 

 

 

 

 

 

Revolver facility

 

$

68,000

 

 

$

80,900

 

Debt issuance costs

 

 

(2,319

)

 

 

(2,783

)

Revolver facility, net

 

$

65,681

 

 

$

78,117

 

Term Loan

 

$

207,188

 

 

$

212,500

 

Debt issuance costs

 

 

(1,134

)

 

 

(1,393

)

Term loan, net

 

$

206,054

 

 

$

211,107

 

Total debt obligations

 

$

271,735

 

 

$

289,224

 

 

 

 

June 30, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Principal Amount

 

 

Base Rate

 

 

SOFR Rate

 

 

Rate Expiration Date

 

 

 

 

 

 

 

 

 

 

 

 

Term Loan

 

$

85,313

 

 

 

2.10

%

 

 

4.94

%

 

10/18/2023

Term Loan

 

 

121,875

 

 

 

2.10

%

 

 

5.35

%

 

12/27/2023

Revolver Facility

 

 

8,000

 

 

 

2.10

%

 

 

5.15

%

 

7/13/2023

Revolver Facility

 

 

6,000

 

 

 

2.10

%

 

 

5.08

%

 

7/21/2023

Revolver Facility

 

 

26,000

 

 

 

2.10

%

 

 

5.23

%

 

8/30/2023

Revolver Facility

 

 

6,000

 

 

 

2.10

%

 

 

5.25

%

 

9/14/2023

Revolver Facility

 

 

20,000

 

 

 

2.10

%

 

 

5.24

%

 

9/27/2023

Revolver Facility

 

 

2,000

 

 

 

2.10

%

 

 

5.23

%

 

9/28/2023

Total

 

$

275,188

 

 

 

 

 

 

 

 

 

Schedule of Maturities of Long-term Debt

Future principal maturities of debt as of June 30, 2023 are as follows:

 

2023

 

$

5,313

 

2024

 

 

10,625

 

2025

 

 

259,250

 

 

$

275,188