COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Jun. 30, 2025

Commitments and Contingencies Disclosure [Abstract]

Schedule of Lease Cost

The following table summarizes the Company’s leases as of June 30, 2025 and December 31, 2024 (dollar amounts in thousands):

	June 30, 2025			December 31, 2024
Right-of-use assets, included in Other assets	$	13,264		$	15,147
Lease Liabilities, included in Other liabilities	15,583			17,759
Weighted-average remaining lease term (in years)	5.0			5.3
Weighted-average discount rate	5.01		%	4.97		%

The components of lease expense included in general and administrative expenses in the condensed consolidated statements of operations for the three and six months ended June 30, 2025 and 2024 are as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Operating lease costs	$	1,256	$	1,307	$	2,506	$	2,521
Variable lease costs	34		63		67		127
Total lease costs, included in general and administrative expenses	$	1,290	$	1,370	$	2,573	$	2,648
Cash paid for amounts included in the measurement of operating lease liabilities	$	1,379	$	717	$	2,753	$	2,016

Schedule of Maturities of Operating Lease Liabilities

As of June 30, 2025, the maturities of operating lease liabilities were as follows (in thousands):

2025 (excluding the six months ended June 30, 2025)	$	2,538
2026	4,662
2027	4,000
2028	1,430
2029	1,308
Thereafter	4,275
Total lease liabilities	18,213
Less: Imputed interest	(2,630)
Total operating lease liabilities	$	15,583