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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
 9 Months Ended
Sep. 30, 2022
FAIR VALUE OF FINANCIAL INSTRUMENTS  
Schedule of carrying value and estimated fair value of financial instruments

The following table presents the carrying value and estimated fair value of the Company’s financial instruments not carried at fair value on the consolidated balance sheets at September 30, 2022 and December 31, 2021 (in thousands):

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September 30, 2022

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December 31, 2021

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Carrying Value

    

Estimated Fair Value

    

Carrying Value

    

Estimated Fair Value

Cash and Cash Equivalents - Level 1

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$

9,532

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$

9,532

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$

8,615

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$

8,615

Restricted Cash - Level 1

​

$

37,292

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$

37,292

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$

22,734

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$

22,734

Commercial Loans and Investments - Level 2

​

$

46,201

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$

47,627

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$

39,095

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$

39,109

Long-Term Debt - Level 2

​

$

370,248

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$

363,740

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$

278,273

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$

288,000
Schedule of fair value of assets measured on recurring basis by Level

The following table presents the fair value of assets measured on a recurring basis by level as of September 30, 2022 and December 31, 2021 (in thousands). See Note 17, “Interest Rate Swaps” for further disclosure related to the Company’s interest rate swaps.

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Fair Value at Reporting Date Using

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Fair Value

    

Quoted Prices in Active Markets for Identical Assets (Level 1)

    

Significant Other Observable Inputs (Level 2)

    

Significant Unobservable Inputs (Level 3)

September 30, 2022

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Cash Flow Hedge - 2026 Term Loan Interest Rate Swap

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$

5,017

    

$

—

    

$

5,017

    

$

—

Cash Flow Hedge - 2026 Term Loan Interest Rate Swap

​

$

1,570

    

$

—

    

$

1,570

    

$

—

Cash Flow Hedge - 2027 Term Loan Interest Rate Swap

​

$

11,055

    

$

—

    

$

11,055

    

$

—

Cash Flow Hedge - 2028 Term Loan Interest Rate Swap

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$

(192)

    

$

—

    

$

(192)

    

$

—

Investment Securities

​

$

35,260

    

$

35,260

    

$

—

    

$

—

December 31, 2021

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Cash Flow Hedge - 2026 Term Loan Interest Rate Swap

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$

727

    

$

—

    

$

727

    

$

—

Cash Flow Hedge - 2026 Term Loan Interest Rate Swap

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$

240

    

$

—

    

$

240

    

$

—

Cash Flow Hedge - 2027 Term Loan Interest Rate Swap

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$

550

    

$

—

    

$

550

    

$

—

Investment Securities

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$

41,037

    

$

41,037

    

$

—

    

$

—

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