Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

Summary of Carrying Value of Long-term Debt, Net of Unamortized Discount, Premium and Debt Issuance Costs

At September 30, 2023 and December 31, 2022, the carrying value of our long-term debt, net of unamortized discount, premium and debt issuance costs, was comprised as follows (in thousands):

	September 30,		December 31,
	2023		2022
$550 Million Senior Secured Second Lien Notes due 2030	$	535,194	$	—
Exit Debt
Borrowings under Exit RCF		—		177,478
$100.0 Million Exit Term Loan		—		99,190
9.00%/11.00%/13.00% Senior Secured First Lien PIK Toggle Notes due 2027		—		83,976
Total Exit Debt, net		—		360,644
Total long-term debt, net	$	535,194	$	360,644

Summary of Debt Instrument Redemption

The following prices are for Second Lien Notes redeemed during the 12-month period commencing on October 1 of the years set forth below, and are expressed as percentages of principal amount:

Redemption Year	Price
2026		104.250	%
2027		102.125	%
2028 and thereafter		100.000	%