EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
	Oct. 08, 2022	Dec. 31, 2023	Dec. 31, 2022
Basic:
Net Income (Loss)		$ (3,048)	$ 18,539
Less: Preferred stock dividend		(12,047)
Net (loss) income available to common stockholders		$ (15,095)	$ 18,539
Weighted average basic number of common shares outstanding - basic		16,441,000	16,331,000
Basic net (loss) income per share of common share (in dollars per share)		$ (0.92)	$ 1.14
Diluted:
Net (loss) income available to common stockholders - basic		$ (15,095)	$ 18,539
Net (loss) income available to common stockholders diluted		$ (15,095)	$ 18,539
Weighted average basic number of common shares outstanding - basic		16,441,000	16,331,000
Common stock equivalent shares representing shares included upon Vesting of restricted shares			179,000
Weighted average diluted number of common shares outstanding - diluted		16,441,000	16,510,000
Diluted net income (loss) per share of common stock (in dollars per share)		$ (0.92)	$ 1.12
Common stock equivalents excluded from computation of diluted earnings per share of common stock because of anti-dilutive effect		500,000	5,800,000
Market Based Restricted Stock Units
Diluted:
Common stock equivalents excluded from computation of diluted earnings per share of common stock because of anti-dilutive effect		100,000
Warrants expired	6,900,000
Number of shares of common stock that can be purchased from warrants	1