Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Carrying Amount of Components of Long-term Debt

Note 9 – Long-Term Debt

The following table summarizes our long-term debt as of the dates presented:

	December 31, 2021		December 31, 2020
Credit Facility	$	208,000	$	314,400
Second Lien Term Loan	—		200,000
9.25% Senior Notes due 2026	400,000		—
Mortgage debt 1	8,438		—
Other 2	2,516		—
Total	618,954		514,400
Less: Unamortized discount 3	(3,720)		(1,604)
Less: Unamortized deferred issuance costs 3, 4	(9,853)		(3,299)
Total, net	$	605,381	$	509,497
Less: Current portion	(4,129)		—
Long-term debt, net	$	601,252	$	509,497

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1    The mortgage debt relates to the corporate office building and related assets acquired in connection with the Lonestar Acquisition for which assets are held as collateral for such debt. As of December 31, 2021, these assets met the held for sale criteria and were classified as Assets held for sale on the consolidated balance sheets.

2    Other includes approximately $2.2 million related to a PPP loan assumed in the Lonestar Acquisition which was fully forgiven subsequent to December 31, 2021.

3     Prior to the repayment of the Second Lien Term Loan as discussed below, discount and issuance costs of the Second Lien Term Loan were amortized over the term of the underlying loan using the effective-interest method. The discount and issuance costs of the 9.25% Senior Notes due 2026 are being amortized over its respective term using the effective-interest method.

4     Excludes issuance costs associated with the Credit Facility, which represent costs attributable to the access to credit over its contractual term, that have been presented as a component of Other assets (see Note 12) and are being amortized over the term of the Credit Facility using the straight-line method.