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Convertible Debt and Notes Payable (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule of Debt and Capital Lease Obligations

As of December 31, 2022 and 2021, the Company's outstanding debt was as follows:




			As of December 31,
			2022						2021
			(dollars in thousands)

Notes payable			$	174,524					$	174,015

Term loan			432,265						435,147


Other notes payable			12,699						12,537
Finance lease obligations			673						1,672
			$	620,161					$	623,371

Direct Financing Lease, Lease Income

For the years ended December 31, 2022, 2021 and 2020, quantitative information regarding the Company's finance lease obligations reflected in the accompanying consolidated statements of operations, the supplemental cash flow information and certain other information related to finance leases were as follows:


									Year Ended December 31,
															2022						2021						2020
															(dollars in thousands)
Lease cost
Finance lease cost:
Amortization of finance lease right-of-use assets															$	1,109					$	1,274					$	1,232
Interest on lease liabilities															$	58					$	116					$	171
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases															$	58					$	116					$	171
Financing cash flows from finance leases															$	1,206					$	1,532					$	1,033

Weighted average remaining lease term - operating leases (in years)															2.05						1.71						2.24
Weighted average discount rate - operating leases															5.39		%				4.70		%				4.89		%

Schedule of Maturities of Debt and Future Minimum Lease Payments for Capital Leases

Annual scheduled maturities of debt and minimum payments (of principal and interest) for all debt outstanding as of December 31, 2022, are as follows:


									Notes Payable												Term Loan												Other Notes Payable						Finance Lease Obligation
									(dollars in thousands)
2023									$	13,405											$	37,700											$	13,503					$	458
2024									88,578												37,451												543						104
2025									7,750												37,020												—						81
2026									7,750												36,680												—						50
2027									7,750												36,340												—						28
Thereafter									142,625												426,830												—						—
Subtotal									267,858												612,021												14,046						721
Less (a)									(93,334)												(179,756)												(1,347)						(48)
Total									$	174,524											$	432,265											$	12,699					$	673

(a)Amount necessary to reduce net minimum payments to present value calculated at the Company's implicit rate at inception. This amount also includes capitalized debt costs and the unamortized discount on the Company's convertible debt.