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EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Basic:                
Net loss $ (105) $ (31,203) $ 32,688 $ (53,799) $ (4,748) $ 22,811 $ (31,307) $ 18,063
Less: Preferred stock dividend (8,586)       (997)   (14,218) (2,489)
Less: Undistributed earnings allocable to preferred shareholders               (1,301)
Net (loss) income available to common stockholders $ (8,691)       $ (5,745)   $ (45,525) $ 14,273
Weighted average basic number of common shares outstanding basic 16,457       16,457   16,457 16,425
Basic net (loss) income per share of common share (in dollars per share) $ (0.53)       $ (0.35)   $ (2.77) $ 0.87
Diluted:                
Net (loss) income available to common stockholders - basic $ (8,691)       $ (5,745)   $ (45,525) $ 14,273
Reallocation of undistributed earnings               7
Net (loss) income available to common stockholders diluted $ (8,691)       $ (5,745)   $ (45,525) $ 14,280
Weighted average basic number of common shares outstanding basic 16,457       16,457   16,457 16,425
Common stock equivalent shares representing shares issuable upon vesting of restricted stock units               95
Weighted average diluted number of common shares outstanding diluted 16,457       16,457   16,457 16,520
Diluted net income (loss) per share of common stock (in dollars per share) $ (0.53)       $ (0.35)   $ (2.77) $ 0.86
Common stock equivalents excluded from computation of diluted earnings per share of common stock because of anti-dilutive effect 300       600   300 500