v3.26.1
Debt (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Debt consisted of the following (in thousands):
June 30, 2026December 31, 2025
7.500% Senior Notes
$597,283 $596,746 
Credit Facility
270,000 75,000 
Long-term debt867,283 671,746 
Total corporate debt
$867,283 $671,746 
Schedule of Debt
The carrying amount of the 7.500% Senior Notes was determined as follows (in thousands):

June 30, 2026December 31, 2025
Principal balance$600,000 $600,000 
Less: debt issue cost2,717 3,254 
    Total
$597,283 $596,746 
Interest expense and amortization of debt issue costs of the 7.500% Senior Notes, included in “Interest expense, net” on the accompanying unaudited condensed consolidated statements of operations, were as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Interest expense$11,250 $11,250 $22,500 $22,500 
Debt issue cost amortization268 268 537 537 
Total$11,518 $11,518 $23,037 $23,037 
Interest expense, amortization of debt issue costs, and unused facility fee of the Credit Facility, included in “Interest expense, net” on the accompanying unaudited condensed consolidated statements of operations, were as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Interest expense$3,502 $3,859 $5,281 $5,882 
Debt issue cost amortization402 354 756 708 
Unused facility fee314 177 558 420 
Total$4,218 $4,390 $6,595 $7,010