FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2026

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis

Financial assets and liabilities measured at fair value on a recurring basis were as follows:

	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets
March 31, 2026:
Equity securities	$	14,206	$	—	$	—	$	14,206
Commodity derivative instruments	—		—		—		—
Bitcoin option contracts	312		—		—		312
Total	$	14,518	$	—	$	—	$	14,518
December 31, 2025:
Equity securities	$	17,551	$	—	$	—	$	17,551
Commodity derivative instruments	—		5,832		—		5,832
Bitcoin option contracts	162		—		—		162
Total	$	17,713	$	5,832	$	—	$	23,545
Liabilities
March 31, 2026:
Commodity derivative instruments	$	—	$	3,894	$	—	$	3,894
December 31, 2025:
Commodity derivative instruments	$	—	$	—	$	—	$	—

Offsetting Assets

Information about financial instruments that are eligible for offset in the consolidated balance sheets were as follows:

	March 31, 2026		December 31, 2025
	(In thousands)
Commodity derivative assets
Gross amount of recognized assets	$	1,326	$	6,229
Gross amount offset on the balance sheet	(1,326)		(397)
Net amount of assets on the balance sheet	$	—	$	5,832
Commodity derivative liabilities
Gross amount of recognized liabilities	$	5,220	$	397
Gross amount offset on the balance sheet	(1,326)		(397)
Net amount of liabilities on the balance sheet	$	3,894	$	—