Debt (Tables)

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Schedule of Debt

(In thousands)	June 30, 2022		December 31, 2021
Convertible Bond Debt	$	114,119	$	114,119
Debt discount and debt issuance costs - Convertible Bond Debt	(866)		(13,165)
Convertible Bond Debt, net of debt discount and debt issuance costs	113,253		100,954
Global Ultraco Debt Facility	262,650		287,550
Debt discount and Debt issuance costs - Global Ultraco Debt Facility	(7,629)		(8,460)
Less: Current portion - Global Ultraco Debt Facility	(49,800)		(49,800)
Global Ultraco Debt Facility, net of debt issuance costs	205,221		229,290
Total long-term debt	$	318,474	$	330,244

Schedule Of Interest Expense

The following table summarizes the Company’s total interest expense:

	Three Months Ended				Six Months Ended
(In thousands)	June 30, 2022		June 30, 2021		June 30, 2022		June 30, 2021
Convertible Bond Debt interest	$	1,426	$	1,427	$	2,853	$	2,853
Global Ultraco Debt Facility interest	2,134		—		4,347		—
Holdco Revolving Credit Facility interest	—		158		—		158
New Ultraco Debt Facility interest	—		1,540		—		3,005
Norwegian Bond Debt interest	—		3,724		—		7,354
Super Senior Facility interest	—		—		—		30
Amortization of debt discount and debt issuance costs	530		1,838		1,092		3,467
Commitment fees on revolving credit facilities	248		112		493		183
Total Interest expense	$	4,338	$	8,799	$	8,785	$	17,050

Schedule of Debt Maturities

The following table presents the scheduled maturities of principal amounts of our debt obligations as of June 30, 2022:

(In thousands)	Convertible Bond Debt		Global Ultraco Debt Facility		Total
Six months ending December 31, 2022	$	—	$	24,900	$	24,900
2023	—		49,800		49,800
2024	114,119		49,800		163,919
2025	—		49,800		49,800
2026	—		88,350		88,350
	$	114,119	$	262,650	$	376,769