INDEBTEDNESS (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Summary of Debt Facilities

The following table summarizes the Company’s debt instruments for the periods indicated:

	As of December 31,
	2024			2023
	(in thousands)
Principal amount of the 2027 Notes	$	1,150,000		$	1,150,000
Principal amount of the 2024 Notes		—			105,847
Unamortized discount - debt issuance costs of 2027 Notes		(12,876	)		(17,485	)
Unamortized discount - debt issuance costs of 2024 Notes		—			(364	)
Total carrying value of debt instruments	$	1,137,124		$	1,237,998
Fair value of 2027 Notes	$	1,254,857		$	1,172,276
Fair value of 2024 Notes		—			144,833
Total fair value of debt instruments	$	1,254,857		$	1,317,109

Summarizes Total Gross Payments Due under Company's Debt Arrangements

The following table summarizes the total principal and contractual interest payments due under the Company’s debt arrangements:

	As of December 31, 2024
	Principal		Interest		Total Payments
	(in thousands)
2025	$	—	$	14,375	$	14,375
2026		—		14,375		14,375
2027		1,150,000		14,375		1,164,375
Total payments	$	1,150,000	$	43,125	$	1,193,125