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Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2022
Long-Term Debt  
Consolidated Debt Obligations

    

September 30, 

December 31, 

2022

2021

(In thousands)

Revolving Credit Facility (1)

$

205,000

$

230,000

Total long-term debt

$

205,000

$

230,000

(1)The carrying amount of the Company’s Revolving Credit Facility approximates fair value because the interest rates are variable and reflective of market rates.
Summary of Weighted-Average Interest Rates Paid on Variable-Rate Debt Obligations

For the Three Months Ended

For the Nine Months Ended

 

September 30, 

September 30, 

 

2022

2021

2022

2021

 

Revolving Credit Facility

5.91

%  

3.64

%

4.73

%  

3.65

%