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LONG-TERM DEBT (Tables)
 3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Long-term debt consists of the following as of the dates presented (in thousands):
March 31,December 31,
20252024
Surplus note$2,206 $2,573 
5.625% Senior unsecured notes
100,000 100,000 
Total principal amount102,206 102,573 
Less: unamortized debt issuance costs
(1,153)(1,330)
Total long-term debt, net$101,053 $101,243 
Schedule of Interest Expense
The following table provides interest expense related to long-term debt during the periods presented (in thousands):
Three Months Ended
March 31,
20252024
Interest Expense:
Surplus note
$29 $39 
5.625% Senior unsecured notes
1,406 1,406 
Non-cash expense (1)
177 177 
Total
$1,612 $1,622 
(1) Represents amortization of debt issuance costs.