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Debt (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Summary of Long-Term Debt

Long-term debt was comprised of the following:

 

 

 

As of

 

 

 

March 31,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Total credit facility

 

$

300,000

 

 

$

300,000

 

Balance outstanding

 

 

50,000

 

 

 

54,600

 

Standby letters of credit

 

 

1,740

 

 

 

1,740

 

Amount available, subject to covenant restrictions

 

$

248,260

 

 

$

243,660

 

Weighted-average interest rate

 

 

1.30

%

 

 

1.92

%

Commitment fee percentage per annum

 

 

0.20

%

 

 

0.23

%