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INCOME TAXES (Tables)
6 Months Ended
Jun. 30, 2020
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense The following table contains the income tax expense recognized in the Consolidated Statements of Income and Comprehensive Income:
 Three Months Ended
June 30,
Six Months Ended
June 30,
2020201920202019
Income tax expense($2,990) ($3,608) ($6,696) ($7,958) 
Schedule of Effective Income Tax Rate Reconciliation The following table contains the Company’s annualized effective tax rate after discrete items:
 Six Months Ended
June 30,
20202019
Annualized effective tax rate after discrete items19.8 %15.5 %