Annual report pursuant to Section 13 and 15(d)

LONG-TERM DEBT (Tables)

v3.24.0.1
LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2023
LONG-TERM DEBT.  
Debt Instrument Redemption

The Company may redeem some or all of the Notes for cash at the following redemption prices:

Redemption Periods

    

Percentage Premium

February 15, 2024 to February 14, 2025

 

104.125

%

February 15, 2025 to February 14, 2026

 

102.063

%

February 15, 2026 and Thereafter

100.000

%

Schedule of Long-Term Debt

(In thousands)

December 31, 

2023

2022

Revolving Credit Facility due 2026

$

27,000

$

8.25% Senior Secured Notes due 2028

450,000

410,000

Less: Unamortized debt issuance costs and discounts/premiums, net

(11,847)

(8,148)

$

465,153

$

401,852

Schedule of future maturities

(In thousands)

Revolving Credit

Senior Secured

For Years ending December 31, 

    

Facility due 2026

    

Notes due 2028

    

Total

2024

$

$

$

2025

 

 

 

2026

 

27,000

 

 

27,000

2027

 

 

 

2028

 

 

450,000

 

450,000

Thereafter

$

27,000

$

450,000

$

477,000

Schedule of interest expense

Year Ended

(In thousands)

December 31, 

    

2023

    

2022

Interest expense (excluding bond fee amortization and discounts/premiums)

$

39,860

$

33,496

Amortization of debt issuance costs and discounts/premiums

 

2,793

 

1,649

Capitalized interest

 

(15,938)

 

(10,802)

Interest income and other

(3,738)

(1,355)

$

22,977

$

22,988