Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The following table summarizes our debt obligations as of the dates presented:

	September 30, 2022		December 31, 2021
Credit Facility	$	215,000	$	208,000
9.25% Senior Notes due 2026	400,000		400,000
Mortgage debt 1	—		8,438
Other 2	284		2,516
Total	615,284		618,954
Less: Unamortized discount 3	(3,227)		(3,720)
Less: Unamortized deferred issuance costs 3, 4	(8,559)		(9,853)
Total, net	603,498		605,381
Less: Current portion	(41)		(4,129)
Long-term debt	$	603,457	$	601,252

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1     The mortgage debt related to the corporate office building and related other assets acquired in connection with the Lonestar Acquisition for which assets were held as collateral for such debt. As of December 31, 2021, these assets met the held for sale criteria and were classified as Assets held for sale on the condensed consolidated balance sheets. In July 2022, the mortgage debt was fully repaid in connection with the sale of the corporate office building. See Note 3 for additional information on the sale.

2     Other debt of $2.2 million was extinguished during the nine months ended September 30, 2022 and recorded as a gain on extinguishment of debt.

3     The discount and issuance costs of the 9.25% Senior Notes due 2026 are being amortized over its respective term using the effective-interest method.

4     Excludes issuance costs associated with the Credit Facility, which represents costs attributable to the access to credit over its contractual term, that have been presented as a component of Other assets (see Note 9) and are being amortized over the term of the Credit Facility using the straight-line method.