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DERIVATIVE INSTRUMENTS (Tables) | 12 Months Ended
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Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Fair Values of Interest Rate Swaps | The fair values of the interest rate swap as of December 31, 2024 and 2023, were as follows (in thousands):
| Aggregate Notional Amount | Effective Date |  | Fair Value
|  | Derivative Assets (Liabilities) |
|  | December 31, |
Derivative Instrument | Maturity Date | 2024 |  | 2023 |
Interest rate swap | $75,000 | July 21, 2023 | January 10, 2025 | $ | 14 |  |  | $ | 740 |  |
Interest rate swap | 50,000 |  | July 21, 2023 | January 10, 2025 | 9 |  |  | 494 |  |
Interest rate swap | 100,000 |  | January 10, 2025 | January 10, 2026 | (624) |  |  | — |  |
Interest rate swap | 50,000 |  | January 10, 2025 | January 10, 2026 | (312) |  |  | — |  |
|  |  |  | $ | (913) |  |  | $ | 1,234 |  |
Schedule of Net Unrealized Gain (Loss) in/from AOCL | The gains or losses on the effective swaps are recognized in other comprehensive income, as follows (in thousands):
| Year Ending December 31,
| 2024 |  | 2023 |  | 2022
Unrealized (loss) gain on interest rate hedges | $ | (2,147) |  |  | $ | (764) |  |  | $ | 2,819 |
The losses reclassified from Accumulated other comprehensive income into interest expense for the three years ended December 31, 2024, were as follows (in thousands):
| Year Ending December 31,
| 2024 |  | 2023 |  | 2022
Loss reclassified from accumulated other comprehensive income (loss) into interest expense | $ | 2,039 |  |  | $ | 2,039 |  |  | $ | 2,039 |

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- Definition Tabular disclosure of gain (loss) on derivative and nonderivative instruments designated and qualifying as cash flow hedge recorded in accumulated other comprehensive income (AOCI) and reclassified into earnings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C + Details
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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
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