FAIR VALUE MEASUREMENT (Tables)

3 Months Ended

Mar. 31, 2026

Fair Value Disclosures [Abstract]

Schedule of Disclosures Concerning Financial Instruments Measured at Fair Value

Disclosures concerning financial instruments measured at fair value are as follows (in thousands):

 

	Fair Value Measurements at March 31, 2026 using
	Level 1		Level 2		Level 3		Total
Assets:
Interest rate swaps	$	—	$	5,714	$	—	$	5,714
Onera Purchase Option	—		—		931		931
Liabilities:
Interest rate swaps	—		19		—		19

	Fair Value Measurements at December 31, 2025 using
	Level 1		Level 2		Level 3		Total
Assets:
Interest rate swaps	$	—	$	3,001	$	—	$	3,001
Onera Purchase Option	—		—		931		931
Liabilities:
Interest rate swaps	—		536		—		536

Schedule of Unobservable Inputs for Fair Values of Purchase Options

As such, we were required to develop assumptions to estimate the fair value of the Modified Onera Purchase Option as follows (dollars in thousands):

Estimated equity value	$	3,300,000
Weighted average cost of capital	13.00		%
Expected volatility	12.80		%
Risk free rate	3.42		%
Term (1)	1.08 years

(1)The Purchase Option is exercisable through March 2027.