Debt (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Schedule of Debt

(In thousands)	September 30, 2022		December 31, 2021
Convertible Bond Debt	$	104,119	$	114,119
Debt discount and debt issuance costs - Convertible Bond Debt	(694)		(13,165)
Convertible Bond Debt, net of debt discount and debt issuance costs	103,425		100,954
Global Ultraco Debt Facility	250,200		287,550
Debt discount and Debt issuance costs - Global Ultraco Debt Facility	(7,198)		(8,460)
Less: Current portion - Global Ultraco Debt Facility	(49,800)		(49,800)
Global Ultraco Debt Facility, net of debt issuance costs	193,202		229,290
Total long-term debt	$	296,627	$	330,244

Schedule Of Interest Expense

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

	Three Months Ended				Nine Months Ended
(In thousands)	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
Convertible Bond Debt interest	$	1,426	$	1,426	$	4,279	$	4,279
Global Ultraco Debt Facility interest	2,024		—		6,372		—
Holdco Revolving Credit Facility interest	—		156		—		314
New Ultraco Debt Facility interest	—		1,063		—		4,068
Norwegian Bond Debt interest	—		3,711		—		11,065
Super Senior Facility interest	—		—		—		30
Amortization of debt discount and debt issuance costs	535		1,976		1,627		5,443
Commitment fees on revolving credit facilities	251		179		743		362
Total Interest expense	$	4,236	$	8,511	$	13,021	$	25,561

Schedule of Debt Maturities

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

(In thousands)	Convertible Bond Debt		Global Ultraco Debt Facility		Total
Three months ending December 31, 2022	$	—	$	12,450	$	12,450
2023	—		49,800		49,800
2024	104,119		49,800		153,919
2025	—		49,800		49,800
2026	—		88,350		88,350
	$	104,119	$	250,200	$	354,319