Debt (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The following table summarizes information about the net carrying amounts of long-term debt as of September 30, 2022:

(in thousands)	2024 Notes		2026 Notes		2027 Notes		Total
Principal amount of notes outstanding	$	13,750	$	120,000	$	265,000	$	398,750
Unamortized debt issuance cost	(303)		(2,678)		(7,089)		(10,070)
Total long-term portion of notes payable	$	13,447	$	117,322	$	257,911	$	388,680

The following table summarizes information about the net carrying amounts of long-term debt as of December 31, 2021:

(in thousands)	2024 Notes		2026 Notes		2027 Notes		Total
Principal amount of notes outstanding	$	13,750	$	120,000	$	265,000	$	398,750
Unamortized debt issuance cost	(334)		(2,440)		(5,984)		(8,758)
Unamortized discount	(1,570)		(19,413)		(63,164)		(84,147)
Total long-term portion of notes payable	$	11,846	$	98,147	$	195,852	$	305,845

Summary of Equity and Liability Components of the Notes

The following tables summarize interest expense recognized on the Notes and on the Credit Facility:

(in thousands)	Three Months Ended September 30,
	2022		2021
Contractual interest expense	$	2,011	$	3,284
Amortization of debt issuance costs	504		2,118
Total interest expense	$	2,515	$	5,402

(in thousands)	Nine Months Ended September 30,
	2022		2021
Contractual interest expense	$	6,025	$	7,497
Amortization of debt issuance costs	1,485		5,035
Total interest expense	$	7,510	$	12,532

Schedule of Maturities of Notes

The following table summarizes the future principal payments as of September 30, 2022:

(in thousands)
2022, remaining	$	180
2023	—
2024	13,750
2025	—
2026	120,000
Thereafter	265,000
Total	$	398,930