v3.26.1
Long-Term Debt (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes the Company's outstanding debt:
June 30, 2026December 31, 2025
(In thousands)
Credit Facility$138,000 $110,000 
Senior Notes
Principal$135,000 $145,000 
Less: Unamortized discount(1)
3,918 5,095 
Less: Unamortized deferred financing costs(1)
1,587 2,050 
Total Senior Notes$129,495 $137,855 
Total debt
$267,495 $247,855 
Less: Current portion of long-term debt(2)
20,000 20,000 
Total long-term debt$247,495 $227,855 
___________________
(1)Unamortized discount and unamortized deferred financing costs are attributable to and amortized over the term of the Senior Notes.
(2)As of June 30, 2026, and December 31, 2025, the current portion of long-term debt reflects $20 million due on the Senior Notes over the next twelve months.
Schedule of Credit Facility
The following table summarizes the Credit Facility balances:
June 30, 2026December 31, 2025
(In thousands)
Outstanding borrowings$138,000 $110,000 
Available borrowing capacity$262,000 $290,000 
Schedule of Components of Interest Expense
The following table summarizes the Company's interest expense:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(In thousands)
Interest expense$6,089 $6,228 $11,451 $12,253 
Interest income
(251)(149)(426)(279)
Capitalized interest(497)(364)(788)(1,055)
Amortization of deferred financing costs598 576 1,191 1,144 
Amortization of discount on Senior Notes587 615 1,176 1,229 
Unused commitment fees on Credit Facility244 265 523 540 
Total interest expense, net$6,770 $7,171 $13,127 $13,832