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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2024
FAIR VALUE MEASUREMENTS  
Summary of fair value measurements within the hierarchy

Fair Value

 

Carrying Value

    

Level 1

    

Level 2

    

Level 3

    

(in thousands)

June 30, 2024

Recorded on a recurring basis:

Digital assets (1)

$

28,335

$

28,335

$

$

Additional disclosures:

Long-term debt

$

503,465

$

$

527,126

$

December 31, 2023

Additional disclosures:

Long-term debt

$

347,584

$

$

347,116

$

(1)As discussed in Note 2 – New Accounting Standards, we adopted ASU 2023-08 effective January 1, 2024. Prior to our adoption, our digital assets were not recorded at fair value on a recurring basis.