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Debt (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Debt
Debt consists of the following amounts as of June 30, 2022 and December 31, 2021 (in thousands):
June 30, 2022December 31, 2021
Long-term debt:
  Senior Credit Facility (1) (2)
$95,000 $135,000 
  Subordinated Debt
20,000 — 
Total long-term debt115,000 135,000 
Total debt$115,000 $135,000 
(1) As of June 30, 2022 and December 31, 2021, the weighted average interest rate on the Senior Credit Facility was 5.04% and 3.24%, respectively.
(2) As of June 30, 2022 and December 31, 2021, we had $32.1 million and $27.7 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):
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Senior Credit Facility$883 $804 $1,579 $1,272 
Letters of credit fees and commitment fees397 335 762 737 
Amortization of deferred financing costs
468 258 713 517 
Other
72 155 73 337 
Interest Expense
$1,820 $1,552 $3,127 $2,863