XML 49 R33.htm IDEA: XBRL DOCUMENT v3.22.4
Debt (Tables)
 12 Months Ended
Dec. 31, 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 December 31, 2022:

(in thousands)2024 Notes2026 Notes2027 NotesTotal
Principal amount of notes outstanding$13,750 $120,000 $265,000 $398,750 
Unamortized debt issuance cost(257)(2,511)(6,790)(9,558)
Total notes payable$13,493 $117,489 $258,210 $389,192 
The following table summarizes information about the net carrying amounts of long-term debt as of December 31, 2021:

(in thousands)2024 Notes2026 Notes2027 NotesTotal
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 notes payable$11,846 $98,147 $195,852 $305,845 
Summary of Equity and Liability Components of the Notes
The following table summarizes interest expense recognized on the Senior Notes:

Year Ended December 31,
(in thousands)202220212020
Contractual interest expense$8,036 $9,420 $4,026 
Accretion of debt in interest expense1,997 8,726 4,355 
Total interest expense$10,033 $18,146 $8,381 
Schedule of Maturities of Long-term Debt
The following table summarizes the future principal payments for the subordinated promissory note and Senior Notes as of December 31, 2020 (in thousands):

2023$— 
202413,750 
2025— 
2026120,000 
2027265,000 
Thereafter— 
Total$398,750