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INCOME TAXES (Tables)
9 Months Ended
Sep. 30, 2020
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense The following table contains the income tax expense recognized on the Consolidated Statements of Income and Comprehensive Income:
 Three Months Ended
September 30,
Nine Months Ended
September 30,
2020201920202019
Income tax expense($720)($2,251)($7,416)($10,208)
Schedule of Effective Income Tax Rate Reconciliation The following table contains the Company’s annualized effective tax rate after discrete items:
 Nine Months Ended
September 30,
20202019
Annualized effective tax rate after discrete items29.9 %16.6 %