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Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Summary of Long Term Debt

The following is a summary of long term debt as of December 31, 2023 and 2022, (in thousands):

 

As of December 31,

 

 

2023

 

 

2022

 

Revolving Credit Facility

$

277,000

 

 

$

510,000

 

2026 Senior Notes

 

 

 

 

438,750

 

Less: Unamortized discount and issuance costs

 

 

 

 

(9,854

)

2028 Senior Notes

 

600,000

 

 

 

 

Less: Unamortized issuance costs

 

(11,662

)

 

 

 

Total long term debt

$

865,338

 

 

$

938,896

 

Summary of Redemption Percentage of Principal Amount

On or after November 1, 2025, the Issuers may, on any one or more occasions, redeem all or a part of the 2028 Senior Notes at the redemption prices (expressed as percentages of the principal amount) set forth below, plus accrued and unpaid interest, if any, to, but excluding the redemption date, if redeemed during the twelve-month period beginning on November 1 of the years indicated below:

Year

 

Percentage

 

2025

 

 

103.938

%

2026

 

 

101.969

%

2027 and thereafter

 

 

100.000

%