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LONG-TERM DEBT (Tables)
 12 Months Ended
Dec. 31, 2023
Long-Term Debt, Unclassified [Abstract]  
Schedule of Long-Term Debt
Long-term debt consisted of the following items as of December 31, 2023 and December 31, 2022 (in thousands):
Successor
December 31, 2023December 31, 2022
8.0% senior unsecured notes due 2026
$550,000 $550,000 
Credit Facility due 2027118,000 145,000 
Net unamortized debt issuance costs(618)(845)
Total debt, net667,382 694,155 
Less: current maturities of long-term debt— — 
Total long-term debt, net$667,382 $694,155 
Schedule of Interest Expense
The following schedule shows the components of interest expense for the years ended December 31, 2023, December 31, 2022, Prior Successor Period and Prior Predecessor Period (in thousands):
SuccessorPredecessor
Year Ended December 31, 2023Year Ended December 31, 2022Period from May 18, 2021 through December 31, 2021Period from January 1, 2021 through May 17, 2021
Cash paid for interest$57,967 $57,685 $33,295 $7,272 
Change in accrued interest(7)(826)6,061 (1,503)
Capitalized interest(4,147)— (198)— 
Amortization of loan costs3,256 2,914 1,663 — 
Other— — 32 (1,610)
Total interest expense$57,069 $59,773 $40,853 $4,159