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CONDENSED FINANCIAL STATEMENTS OF PARENT COMPANY - Condensed Statements of Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2021
Dec. 31, 2021
Dec. 31, 2020
Expenses:      
Contribution to Blue Foundry Charitable Foundation   $ 9,000 $ 0
Goodwill impairment   0 15,460
Income tax (benefit) expense   9,618 (7,866)
Net loss $ (36,342) (36,342) (31,506)
Parent Company      
Income:      
Interest on ESOP loan receivable   343 0
Other income   23 16
Total income   366 16
Expenses:      
Contribution to Blue Foundry Charitable Foundation   9,000 0
Goodwill impairment   0 13,100
Other expenses   719 66
Costs and Expenses, Total   9,719 13,166
Loss before income tax (benefit) expense   (9,353) (13,150)
Income tax (benefit) expense   (59) 98
Loss before undistributed earnings of subsidiary   (9,294) (13,248)
Equity in undistributed earnings of banking subsidiary   (27,048) (18,258)
Net loss   $ (36,342) $ (31,506)