v3.22.2.2
Notes Payable (Tables)
9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Notes Payable
Notes payable consist of the following (in thousands):
September 30, 2022December 31, 2021
Notes payable under the Credit Agreement ($1.1 billion revolving credit facility at September 30, 2022) maturing on April 28, 2025; interest paid monthly at SOFR plus 1.85%.
$942,316 $517,439 
4.000% Senior Notes due July 15, 2029; interest paid semi-annually at 4.000%.
300,000 300,000 
Net debt issuance costs(12,215)(12,203)
Total notes payable$1,230,101 $805,236 
Schedule of Interest Activity for Notes Payable Interest activity, including other financing costs, for notes payable for the periods presented is as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Interest incurred$14,583 $6,091 $31,048 $21,863 
Less: Amounts capitalized(14,583)(6,091)(31,048)(21,863)
Interest expense$— $— $— $— 
Cash paid for interest$14,874 $11,772 $29,080 $26,264