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INTEREST RATE SWAP (Details) - USD ($)
$ in Thousands
12 Months Ended
Oct. 23, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Derivatives, Fair Value [Line Items]        
Proceeds from derivative instrument [1]   $ 3,715 $ 0 $ 0
Interest Rate Swap        
Derivatives, Fair Value [Line Items]        
Proceeds from derivative instrument $ 3,715      
Notional Amount   $ 0    
[1]
The Company had an interest rate swap agreement with Bank of America, N.A. to reduce its exposure to fluctuations in the floating interest rate tied to SOFR under the term note. The hedging relationship qualified as an effective cash flow hedge and was recorded at fair value. On October 23, 2023, the Company terminated the interest rate swap, and received a $3,715,000 cash termination fee from Bank of America, N.A.