Debt (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of Debt

Debt consists of the following amounts as of December 31, 2021 and 2020 (in thousands):

	December 31, 2021		December 31, 2020
Long-term debt:
Senior Credit Facility (1) (2)	$	135,000	$	100,000
Total long-term debt	135,000		100,000
Total debt	$	135,000	$	100,000

(1) As of December 31, 2021 and 2020, the weighted average interest rate on the Senior Credit Facility was 3.24% and 3.75%, respectively.

(2) As of December 31, 2021 and 2020, we had $27.7 million and $31.0 million in letters of credit issued, respectively.

Schedule of Components of Interest Expense

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

	Years Ended December 31,
	2021		2020		2019
Senior Credit Facility	$	2,206	$	2,291	$	5,263
Letters of credit fees and commitment fees	1,417		1,472		1,656
Amortization of deferred financing costs	997		1,210		1,275
Other	306		293		197
Verde promissory note	—		—		230
Interest expense	$	4,926	$	5,266	$	8,621