INDEBTEDNESS (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Summary of Debt Facilities

The following table summarizes the Company’s debt facilities for the periods indicated:

	As of December 31,
	2023			2022
	(in thousands)
Principal amount of the 2024 Notes	$	105,847		$	419,371
Principal amount of the 2027 Notes		1,150,000			1,150,000
Unamortized discount - debt issuance costs of 2024 Notes		(364	)		(3,059	)
Unamortized discount - debt issuance costs of 2027 Notes		(17,485	)		(22,020	)
Net carrying value of the convertible notes		1,237,998			1,544,292
Fair value of 2024 Notes	$	144,833		$	765,046
Fair value of 2027 Notes		1,172,276			1,308,482
Total fair value of debt facilities	$	1,317,109		$	2,073,528

Summarizes Total Gross Payments Due under Company's Debt Arrangements

The following table summarizes the total principal and contractual interest payments due under the Company’s debt arrangements:

	As of December 31, 2023
	Principal		Interest		Total Payments
	(in thousands)
2024	$	105,847	$	15,963	$	121,810
2025		—		14,375		14,375
2026		—		14,375		14,375
2027		1,150,000		14,375		1,164,375
Total payments	$	1,255,847	$	59,088	$	1,314,935