DEBT (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Schedule of long-term debt

Total debt was comprised of the following:

	September 30, 2022		December 31, 2021
2023 Notes (1)	$	525,000	$	525,000
Revolving Credit Facility (2)(3)	—		100,000
Total debt outstanding	525,000		625,000
Unamortized debt issuance costs	(1,604)		(3,383)
Unamortized 2023 Notes premium	394		927
Net carrying value of debt	$	523,790	$	622,544

___________________

(1)The 2023 Notes (as defined below) are due May 2023 and are classified as Current debt as of September 30, 2022 within the Partnership’s condensed consolidated balance sheets.

(2)As of September 30, 2022, PBFX had $3,508 of outstanding letters of credit and $496,492 available under its $500,000 amended and restated revolving credit facility with Wells Fargo Bank, National Association, as administrative agent and a syndicate of lenders (as amended, the “Revolving Credit Facility”).

(3)During the nine months ended September 30, 2022, PBFX made net repayments of $100,000 under the Revolving Credit Facility.