XML 40 R29.htm IDEA: XBRL DOCUMENT v3.22.2
Credit Facilities (Tables)
6 Months Ended
Jun. 30, 2022
Line of Credit Facility [Abstract]  
Schedule Of Long-Term Borrowings

The Company’s long-term borrowings are as follows:

 

 

 

As of June 30, 2022

 

 

As of December 31, 2021

 

Credit facility

 

$

185,000

 

 

$

185,000

 

Less:

 

 

 

 

 

 

Unamortized deferred financing cost

 

 

(1,217

)

 

 

(1,387

)

Long-term borrowings

 

$

183,783

 

 

$

183,613

 

Summary of Maturities of Long-term Debt

As of June 30, 2022, the repayment schedule for the long-term borrowings was as follows:

 

 

 

As of June 30, 2022

 

Year ended December 31,

 

 

 

Remaining six months of 2022

 

$

 

2023

 

 

11,250

 

2024

 

 

11,250

 

2025

 

 

16,875

 

2026

 

 

145,625

 

Total*

 

$

185,000

 

 

*Includes $5,625 repayable against the term loan facility within the twelve-month period ending June 30, 2023. The Company intends to draw against the available revolving facility to pay off term loan installments and therefore the total borrowings are included in “Long-term borrowings” on the condensed unaudited consolidated balance sheets as of June 30, 2022.