Long Term Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

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

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

	December 31,
	2023		2022
$550 Million Senior Secured Second Lien Notes due 2030	$	533,514	$	—
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 Long-term debt	$	533,514	$	360,644

Summary of Aggregate Annual Maturity of Senior Secured Second Lien Notes

At December 31, 2023, the aggregate annual maturity of our Senior Secured Second Lien Notes, excluding net debt issuance costs of $16.5 million, was as follows (in thousands):

Year ending December 31,	Aggregate Principal Amount
2024		—
2025		—
2026		—
2027		—
2028		—
Thereafter		550,000
Total maturities of long-term debt	$	550,000

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		104.25	%
2027		102.13	%
2028 and thereafter		100.00	%