STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Restricted Stock Award and Performance Award Activity

The following table summarizes the status of the restricted stock award activity for the year ended December 31, 2025:

	Shares	Weighted Average Share Price
Unvested balance at December 31, 2024	552,999	$	23.86
Granted:
RSAs	148,495	27.29
Board Awards	20,148	28.79
Vested	(167,663)	21.52
Unvested balance at December 31, 2025	553,979	$	25.67

Schedule of Award Grants

The following table summarizes the Company’s RSA and Board Award grants during the year ended December 31, 2025 (dollars in thousands, except per share amounts):

	Grants					Vested
	Shares	Weighted Average Share Price		Grant Date Fair Value		Shares	Vest Date Fair Value
During year ended December 31, 2025(1)
RSAs	148,495	$	27.29	$	4,052	145,951	$	3,868
Board Awards	20,148	28.79		580		21,712	610

(1)The Compensation Committee granted annual awards for 2026 in January 2026.

The following table summarizes the Company’s RSA and Board Award grants during the years ended December 31, 2024 and 2023 (dollars in thousands, except per share amounts):

	Grants
	Shares	Weighted Average Share Price		Grant Date Fair Value
During year ended December 31, 2024(1)
RSAs	225,815	$	27.38	$	6,183
Board Awards	21,712	23.95		520
During year ended December 31, 2023(2)
RSAs	166,122	$	22.41	$	3,722
Board Awards	24,768	19.38		480

(1)The Compensation Committee granted annual awards for 2025 in December 2024.

(2)The Compensation Committee granted annual awards for 2024 in December 2023.

Schedule of Key Valuation Assumptions Used in Valuation

The fair value of the TSR Units is estimated on the date of the grant using a Monte Carlo valuation model. The risk-free rate is based on the U.S. Treasury yield curve in effect at the grant date for the expected performance period. Expected volatility is based on historical volatility for the most recent weighted average period ending on the grant date for the Company and the selected TSR peer group, and is calculated on a daily basis. The following table reflects the weighted-average key assumptions used in this valuation for awards granted during the years ended December 31, 2024 and 2023:

	For the Year Ended December 31, 2024			For the Year Ended December 31, 2023
Risk-free interest rate	4.30		%	4.08		%
Expected stock price volatility	24.45		%	26.44		%
Expected service period	3.03 years			3.04 years
Expected dividend yield (assuming full reinvestment)	—		%	—		%
Weighted average fair value per share at date of grant	$	34.10		$	27.41

Schedule of Stock-Based Compensation Expense

The following table summarizes the stock-based compensation expense recognized (dollars in thousands):

	For the Year Ended December 31,
	2025		2024		2023
Stock-based compensation expense	$	11,896	$	6,130	$	5,153