Debt (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Schedule of Debt

Debt consists of the following amounts as of December 31, 2020 and 2019 (in thousands):

	December 31, 2020		December 31, 2019
Long-term debt:
Senior Credit Facility (1) (2)	$	100,000	$	123,000
Total long-term debt	100,000		123,000
Total debt	$	100,000	$	123,000

(1) As of December 31, 2020 and 2019, the weighted average interest rate on the Senior Credit Facility was 3.75% and 4.71%, respectively.

(2) As of December 31, 2020 and 2019, we had $31.0 million and $37.4 million in letters of credit issued, respectively.

Components of Interest Expense

Interest expense consists of the following components for the periods indicated (in thousands):

	Years Ended December 31,
	2020		2019		2018
Senior Credit Facility	$	2,291	$	5,263	$	5,300
Letters of credit fees and commitment fees	1,472		1,656		1,604
Amortization of deferred financing costs	1,210		1,275		1,291
Other	293		197		26
Verde promissory note	—		230		1,189
Interest expense	$	5,266	$	8,621	$	9,410