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NET FINANCIAL RESULT (Details) - BRL (R$)
R$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
NET FINANCIAL RESULT          
Interest on loans, financing and debentures     R$ (1,728,835)   R$ (1,674,698)
Amortization of fundraising costs     (41,268)   (159,856)
Amortization of fair value adjustment on business combination     (10,660)   63,128
Other financial expenses     (338,787)   (307,570)
Financial expenses     (2,119,550)   (2,078,996)
Cash and cash equivalents and marketable securities     108,427   214,116
Amortization of fair value adjustment on business combination     47,619   37,412
Other financial income     47,127   47,401
Financial income     203,173   298,929
Income     990,989   1,052,879
Expenses     (11,826,103)   (1,432,386)
Income from derivative financial instruments     (10,835,114)   (379,507)
Exchange rate variation on loans, financing and debentures     (16,364,585)   421,010
Leases     (742,501)   (11,684)
Other assets and liabilities     1,757,291   (106,830)
Monetary and exchange rate variation, net R$ (2,930,209) R$ 758,223 (15,349,795) R$ 302,496 302,496
Financial result, net     (28,101,286) (1,857,078) R$ (1,857,078)
Capitalized interest costs on loans, financing and debentures     R$ 7,940 R$ 1,505