Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Components of Debt

Debt consisted of the following:

	December 31,
	2023		2022
	(in thousands)
$500 million unsecured term loan due 2024 ("2023 Term Loan") with an effective interest rate of 6.83%, less a discount and deferred issuance costs of $0.7 million at December 31, 2023	$	499,268	$	—
$450 million senior unsecured notes due 2031 ("2020 Senior Notes") with an effective interest rate of 3.86%, less a discount and deferred issuance costs of $4.3 million and $4.9 million at December 31, 2023 and December 31, 2022, respectively	445,690		445,080
$400 million senior unsecured notes due 2029 ("2019 Senior Notes") with an effective interest rate of 3.88%, less a discount and deferred issuance costs of $3.6 million and $4.2 million at December 31, 2023 and December 31, 2022, respectively	396,440		395,838
$850 million senior unsecured revolving credit facility with an effective interest rate of 6.54%, less deferred issuance costs of $1.9 million and $1.8 million at December 31, 2023 and December 31, 2022, respectively	226,621		358,189
Economic development loans with an effective interest rate of 3% at December 31, 2022	—		4,416
Total debt	$	1,568,019	$	1,203,523
Less: current portion	499,268		2,976
Total long-term debt	$	1,068,751	$	1,200,547

Schedule of Maturities of Long-term Debt

As of December 31, 2023, the scheduled principal maturities of debt, net of unamortized discounts, premiums, and deferred issuance costs, were as follows:

(in thousands)	Senior Notes		Revolving Credit Facility		Term Loan		Total
2024	$	—	$	—	$	499,268	$	499,268
2025	—		—		—		—
2026	—		226,621		—		226,621
2027	—		—		—		—
2028	—		—		—		—
Thereafter	842,130		—		—		842,130
Total payments	$	842,130	$	226,621	$	499,268	$	1,568,019