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SHARE OPTION PLAN (Tables) | 12 Months Ended
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Dec. 31, 2024
Share-Based Payment Arrangement [Abstract] |
Summary of share option transactions | The following summarizes share option transactions related to the Option Scheme in 2024, 2023 and 2022:
| 2024 |  | 2023 |  | 2022
| Options |  | Weighted average exercise price $ |  | Options |  | Weighted average exercise price $ |  | Options |  | Weighted average exercise price $
Options outstanding at beginning of year | 2,155,000 |  |  | 7.91 |  |  | 1,783,000 |  |  | 8.55 |  |  | 1,433,500 |  |  | 9.65 |
Granted | 440,000 |  |  | 12.02 |  |  | 440,000 |  |  | 10.34 |  |  | 435,000 |  |  | 8.73 |
Exercised | (510,000) |  |  | 7.35 |  |  | — |  |  | — |  |  | (85,500) |  |  | 8.87 |
Expired | — |  |  | — |  |  | (68,000) |  |  | 9.47 |  |  | — |  |  | — |
Options outstanding at end of year | 2,085,000 |  |  | 7.80 |  |  | 2,155,000 |  |  | 7.91 |  |  | 1,783,000 |  |  | 8.55 |
Exercisable at end of year | 1,206,667 |  |  | 6.76 |  |  | 1,265,000 |  |  | 7.83 |  |  | 919,667 |  |  | 9.00 |

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