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LONG-TERM DEBT (Tables)
 12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Long-term debt consists of the following as of the dates presented (in thousands):
As of December 31,
20242023
Surplus note$2,573 $4,044 
5.625% Senior Unsecured
100,000 100,000 
Total principal amount102,573 104,044 
Less: unamortized debt issuance costs
(1,330)(2,038)
Total long-term debt, net$101,243 $102,006 
Schedule of Estimate of Principal Payments to Be Made for the Amount Due on the Surplus Note
The following table provides an estimate of aggregate principal payments to be made for the amounts due on long-term debt as of December 31, 2024 (in thousands):
2025$1,471 
2026101,102 
2027— 
2028— 
2029— 
Thereafter— 
Total long-term debt maturities102,573 
Less: unamortized debt issuance costs(1,330)
Total long-term debt maturities, net$101,243 
Schedule of Interest Expense
The following table provides interest expense related to long-term debt during the periods presented (in thousands):
Years Ended December 31,
202420232022
Interest Expense:
Surplus note
$143 $198 $172 
5.625% Senior unsecured notes
5,625 5,625 5,734 
Non-cash expense (1)708 708 703 
Total $6,476 $6,531 $6,609 
(1) Represents amortization of debt issuance costs.