Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Schedule of maturities of long-term debt outstanding

Scheduled maturities of our long-term debt outstanding as of June 30, 2022 are as follows (in thousands):

	2023		2026		MARAD
	Notes		Notes		Debt		Total
Less than one year	$	—	$	—	$	8,133	$	8,133
One to two years		30,000		—		8,538		38,538
Two to three years		—		—		8,965		8,965
Three to four years		—		200,000		9,412		209,412
Four to five years		—		—		9,882		9,882
Gross debt		30,000		200,000		44,930		274,930
Unamortized debt issuance costs (1)		(225)		(5,278)		(2,317)		(7,820)
Total debt		29,775		194,722		42,613		267,110
Less current maturities		—		—		(8,133)		(8,133)
Long-term debt	$	29,775	$	194,722	$	34,480	$	258,977

(1) Debt issuance costs are amortized to interest expense over the term of the applicable debt agreement.

Schedule of components of net interest expense

The following table details the components of our net interest expense (in thousands):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2022		2021		2022		2021
Interest expense	$	5,034	$	5,943	$	10,341	$	12,055
Interest income		(235)		(24)		(368)		(83)
Net interest expense	$	4,799	$	5,919	$	9,973	$	11,972