Annual report pursuant to Section 13 and 15(d)

Notes Payable, Net (Tables)

Notes Payable, Net (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Outstanding Notes Payable
A summary of the outstanding notes payable, net, is presented in the table below (in thousands):

Description Maturity Date Interest Rate December 31, 2022 December 31, 2021
Senior unsecured notes November 2025 7.9% $ 350,000  $ 350,000 
Related-party notes (Note 34 - Related-Party Transactions)
46,790  — 
Fair value adjustment, net of amortization(1)
2,612  3,383 
Total notes payable, net $ 399,402  $ 353,383 
(1) In conjunction with the Business Combination, the Company was required to adjust the liabilities assumed to fair value, resulting in a premium on the Notes and the elimination of the previously recognized debt issuance costs.