LAST OUT TERM LOANS (Tables)

9 Months Ended

Sep. 30, 2021

Debt Disclosure [Abstract]

Schedule of Debt

The components of the Senior Notes are as follows:

(in thousands)	September 30, 2021
8.125% Senior Notes due 2026	$	185,599
Unamortized deferred financing costs	(5,039)
Unamortized premium	590
Net debt balance	$	181,150

The Last our Term Loan activity is described as follows:

	Last Out Term Loan Tranche
(in thousands)	A-3		A-4		A-6		Total
Balance at December 31, 2020	$	113,330	$	30,000	$	40,000	$	183,330
Payments in cash	(40,408)		(30,000)		(5,000)		(75,408)
Equitized deemed prepayment - preferred stock issuance	(72,922)		—		—		(72,922)
Deemed prepayment - senior notes issuance	—		—		(35,000)		(35,000)
Balance at September 30, 2021	$	—	$	—	$	—	$	—