XML 38 R30.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Debt - Additional Information (Detail) - USD ($)
1 Months Ended 3 Months Ended
Apr. 15, 2024
Mar. 12, 2024
Oct. 11, 2023
Oct. 10, 2023
Apr. 20, 2018
Apr. 30, 2021
Oct. 31, 2017
Jun. 30, 2024
Mar. 31, 2024
Mar. 15, 2024
Mar. 04, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Apr. 14, 2021
Debt Instrument [Line Items]                              
Borrowings outstanding under credit facility                 $ 0            
Total debt                 1,109,516,000     $ 1,106,691,000      
Debt Instrument outstanding balance                 $ 1,109,516,000     1,106,691,000      
Offer price for senior notes, percentage                 101.00%            
Charges Associated with the Tender Offer and Redemption                 $ 27,200,000            
Term Loan                              
Debt Instrument [Line Items]                              
Total debt                 123,400,000            
Non-Recourse Senior Secured Notes | Private Placement                              
Debt Instrument [Line Items]                              
Debt Instrument outstanding balance                 144,200,000            
Debt maturity date         Jan. 31, 2040                    
Stated interest rate         4.43%                    
Aggregate principal amount         $ 159,500,000                    
Scheduled maturity term         20 years                    
Expected project completion period         January 2020                    
Bank Credit Agreement | Term Loan                              
Debt Instrument [Line Items]                              
Initial balance     $ 125,000,000                        
Senior Notes 4.75% Due 2027                              
Debt Instrument [Line Items]                              
Debt Instrument outstanding balance             $ 243,100,000   $ 243,068,000     $ 243,068,000      
Debt maturity date             Oct. 15, 2027   Oct. 31, 2027            
Stated interest rate             4.75%   4.75%     4.75%      
Aggregate principal amount             $ 250,000,000                
Debt instrument redemption percentage of par             100.00%                
Debt instrument repurchase amount                       $ 6,900,000      
Senior Note 4.75%                              
Debt Instrument [Line Items]                              
Debt Instrument outstanding balance                       $ 243,100,000      
Stated interest rate                       4.75%      
Senior Notes 8.25% Due 2026                              
Debt Instrument [Line Items]                              
Tendered received for notes holder per principal amount   $ 1,043.75                          
Debt Instrument outstanding balance                 $ 98,774,000   $ 593,100,000 $ 593,113,000 $ 593,100,000    
Debt maturity date           Apr. 15, 2026     Apr. 30, 2026            
Stated interest rate   8.25%       8.25%     8.25% 8.25%     8.25%   8.25%
Aggregate principal amount   $ 494,300,000             $ 98,800,000         $ 675,000,000  
Percentage of notes o/s tendered   83.30%                          
Debt instrument redemption percentage of par                 104.125%            
Debt instrument redemption beginning period                 Apr. 15, 2024            
Senior Notes 8.25% Due 2026 | Subsequent Event                              
Debt Instrument [Line Items]                              
Debt instrument redemption amount $ 98,800,000                            
Senior Notes 8.25% Due 2026 | 2022 and 2023 [Member]                              
Debt Instrument [Line Items]                              
Debt instrument repurchase amount                 $ 81,900,000            
Senior Notes 8.25%                              
Debt Instrument [Line Items]                              
Stated interest rate   8.25%                 8.25% 8.25%      
Senior Notes 8.25% Due 2029                              
Debt Instrument [Line Items]                              
Debt Instrument outstanding balance                 $ 500,000,000     $ 0      
Debt maturity date                 Apr. 30, 2029            
Stated interest rate   8.25%             8.25%            
Debt Instrument, Issued, Principal   $ 500,000,000                          
Net proceeds from issuance of debt                 $ 490,300,000            
Senior Notes 8.25% Due 2029 | Redemption Beginning on April 15, 2026                              
Debt Instrument [Line Items]                              
Debt instrument redemption percentage of par                 104.125%            
Debt instrument redemption beginning period                 Apr. 15, 2026            
Senior Notes 8.25% Due 2029 | Redemption Beginning on April 15, 2027                              
Debt Instrument [Line Items]                              
Debt instrument redemption percentage of par                 102.063%            
Debt instrument redemption beginning period                 Apr. 15, 2027            
Senior Notes 8.25% Due 2029 | Redemption Beginning on April 15, 2028                              
Debt Instrument [Line Items]                              
Debt instrument redemption percentage of par                 100.00%            
Debt instrument redemption beginning period                 Apr. 15, 2028            
Bank Credit Facility                              
Debt Instrument [Line Items]                              
Bank Credit Facility Aggregate Principal Amount     400,000,000                        
Line of credit facility, maximum borrowing capacity     $ 275,000,000                        
Debt maturity period     Oct. 31, 2028                        
Bank credit facility aggregate principal amount of additional borrowing     $ 200,000,000                        
Bank credit facility, Consolidated EBITDA     50.00%                        
Percentage of commitment fee to unfunded balance     0.45% 0.45%                      
Percentage of capital stock of foreign subsidiary secured by pledge under Bank Credit Facility     65.00%                        
Percentage of loan to value     50.00%                        
Bank Credit Facility | Subsequent Event                              
Debt Instrument [Line Items]                              
Percentage of commitment fee to unfunded balance               0.40%              
Bank Credit Facility | Minimum                              
Debt Instrument [Line Items]                              
Fixed charge coverage ratio     1.75                        
Bank Credit Facility | Maximum                              
Debt Instrument [Line Items]                              
Total leverage ratio     4.5                        
Secured leverage ratio     2.5                        
Consolidated total leverage ratio     4.25                        
Bank Credit Facility | Base Rate                              
Debt Instrument [Line Items]                              
Debt instrument, percentage points added to reference rate     2.25% 2.25%                      
Bank Credit Facility | Base Rate | Subsequent Event                              
Debt Instrument [Line Items]                              
Debt instrument, percentage points added to reference rate               2.00%              
Bank Credit Facility | Base Rate | Minimum                              
Debt Instrument [Line Items]                              
Debt instrument, percentage points added to reference rate     1.75%                        
Bank Credit Facility | Base Rate | Maximum                              
Debt Instrument [Line Items]                              
Debt instrument, percentage points added to reference rate     3.50%                        
Bank Credit Facility | Bloomberg Short-Term Bank Yield Index (BSBY)                              
Debt Instrument [Line Items]                              
Debt instrument, percentage points added to reference rate       3.25%                      
Bank Credit Facility | Secured Overnight Financing Rate (SOFR)                              
Debt Instrument [Line Items]                              
Debt instrument, percentage points added to reference rate     3.25%                        
Bank Credit Facility | Secured Overnight Financing Rate (SOFR) | Subsequent Event                              
Debt Instrument [Line Items]                              
Debt instrument, percentage points added to reference rate               3.00%              
Bank Credit Facility | Secured Overnight Financing Rate (SOFR) | Minimum                              
Debt Instrument [Line Items]                              
Debt instrument, percentage points added to reference rate     2.75%                        
Bank Credit Facility | Secured Overnight Financing Rate (SOFR) | Maximum                              
Debt Instrument [Line Items]                              
Debt instrument, percentage points added to reference rate     4.50%                        
Revolving Credit Facility                              
Debt Instrument [Line Items]                              
Sublimit swing line loans     $ 25,000,000                        
Line of credit facility, remaining borrowing capacity                 $ 257,000,000            
Sublimit for issuance of standby letters of credit                 100,000,000            
Revolving Credit Facility letters of credit outstanding                 $ 18,000,000            
Previous Revolving Credit Facility                              
Debt Instrument [Line Items]                              
Line of credit facility, maximum borrowing capacity       $ 250,000,000