Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis

The following table is a listing of the Company’s assets and liabilities that are measured at fair value in the accompanying balance sheets and where they are classified within the fair value hierarchy:

	As of March 31, 2024						As of December 31, 2023
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
	(in thousands)
Assets:
Derivatives (1)	$	—	$	41,111	$	—	$	—	$	65,114	$	—
Liabilities:
Derivatives (1)	$	—	$	25,477	$	—	$	—	$	8,062	$	—

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(1)    This represents a financial asset or liability that is measured at fair value on a recurring basis.

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

Long-Term Debt

The following table reflects the fair value of the Company’s Senior Notes obligations measured using Level 1 inputs based on quoted secondary market trading prices. These notes were not presented at fair value on the accompanying balance sheets as of March 31, 2024, or December 31, 2023, as they were recorded at carrying value, net of any unamortized deferred financing costs. Please refer to Note 5 - Long-Term Debt for additional information.

	As of March 31, 2024				As of December 31, 2023
	Principal Amount		Fair Value		Principal Amount		Fair Value
	(in thousands)
5.625% Senior Notes due 2025	$	349,118	$	348,025	$	349,118	$	348,189
6.75% Senior Notes due 2026	$	419,235	$	419,491	$	419,235	$	420,660
6.625% Senior Notes due 2027	$	416,791	$	417,458	$	416,791	$	416,549
6.5% Senior Notes due 2028	$	400,000	$	402,644	$	400,000	$	401,372