Debt (Tables)

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The following table summarizes information about the net carrying amounts of long-term debt as of June 30, 2022:

(in thousands)	2024 Notes		2026 Notes		2027 Notes		Total
Principal amount of notes outstanding	$	13,750	$	120,000	$	265,000	$	398,750
Unamortized debt issuance cost	(348)		(2,842)		(7,384)		(10,574)
Total long-term portion of notes payable	$	13,402	$	117,158	$	257,616	$	388,176

The following table summarizes information about the net carrying amounts of long-term debt as of December 31, 2021:

(in thousands)	2024 Notes		2026 Notes		2027 Notes		Total
Principal amount of notes outstanding	$	13,750	$	120,000	$	265,000	$	398,750
Unamortized debt issuance cost	(334)		(2,440)		(5,984)		(8,758)
Unamortized discount	(1,570)		(19,413)		(63,164)		(84,147)
Total long-term portion of notes payable	$	11,846	$	98,147	$	195,852	$	305,845

Summary of Equity and Liability Components of the Notes

The following tables summarize interest expense recognized on the Notes and on the Credit Facility:

(in thousands)	Three Months Ended June 30,
	2022		2021
Contractual interest expense	$	2,011	$	3,196
Amortization of debt issuance costs	495		1,737
Total interest expense	$	2,506	4,933

(in thousands)	Six Months Ended June 30,
	2022		2021
Contractual interest expense	$	4,014	$	4,213
Amortization of debt issuance costs	981		2,917
Total interest expense	$	4,995	7,130

Schedule of Maturities of Notes

The following table summarizes the future principal payments as of June 30, 2022:

(in thousands)
2022, remaining	$	358
2023	—
2024	13,750
2025	—
2026	120,000
Thereafter	265,000
Total	$	399,108