Quarterly report pursuant to Section 13 or 15(d)

Fair Value (Tables)

v3.24.3
Fair Value (Tables)
9 Months Ended
Sep. 30, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table presents carrying values, excluding any discounts or deferred loan costs, and estimated fair values of financial instruments:
September 30, 2024 December 31, 2023
Hierarchy Carrying Value Fair Value Carrying Value Fair Value
(dollars in thousands)
Liabilities:
Line of credit facility (1)
Level 2 $ 207,400  $ 207,400  $ 315,000  $ 315,000 
11.0% Senior Notes
Level 2 $ 250,000  $ 273,750  $ 250,000  $ 257,500 
8.875% Senior Notes
Level 2 $ 300,000  $ 316,875  $ —  $ — 
(1)     Carrying amount approximates fair value due to the variable interest rate terms of this loan.