Quarterly report [Sections 13 or 15(d)]

DEBT (Details)

v3.25.3
DEBT (Details)
9 Months Ended
Sep. 03, 2025
Feb. 12, 2025
USD ($)
Jan. 28, 2025
USD ($)
item
Sep. 30, 2025
USD ($)
Jan. 13, 2025
Dec. 31, 2024
USD ($)
Sep. 30, 2024
DEBT              
Outstanding principal amount       $ 350,443,000   $ 393,223,000  
Purchase of government securities       5,348,000      
Loss on extinguishment of debt       $ 15,015,000      
10.75% Notes              
DEBT              
Principal amount     $ 350,000,000        
Debt instrument, interest rate, stated percentage     10.75% 10.75%   10.75% 10.75%
Outstanding principal amount       $ 341,843,000      
10.75% Notes | Redemption Prior To February 1, 2027 With Applicable Premium              
DEBT              
Redemption price, percentage     100.00%        
10.75% Notes | Redemption Prior To February 1, 2027              
DEBT              
Redemption price, percentage     110.75%        
10.75% Notes | Redemption Prior To February 1, 2027 | Maximum              
DEBT              
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed     35.00%        
10.75% Notes | Redemption From February 1, 2027 To January 31, 2028              
DEBT              
Redemption price, percentage     105.375%        
10.75% Notes | Redemption From February 1, 2028 And Thereafter              
DEBT              
Redemption price, percentage     100.00%        
Term Loan              
DEBT              
Repayment of principal     $ 114,200,000        
Outstanding principal amount           $ 112,132,000  
11.75% Senior Second Lien Notes              
DEBT              
Principal amount     $ 269,700,000        
Debt instrument, interest rate, stated percentage     11.75% 11.75% 11.75% 11.75% 11.75%
Purchase price     $ 1,036.25        
Aggregate principal amount   $ 89,000 1,000,000        
Debt instrument plus accrued interest   89,905          
Outstanding principal amount   5,200,000       $ 272,081,000  
Purchase of government securities   5,900,000          
Excess funds returned to the Company   $ 500,000          
Loss on extinguishment of debt       $ 15,000,000      
Credit Facility              
DEBT              
Line of credit facility, maximum borrowing capacity     50,000,000        
Percentage of quarterly commitment fee     0.5        
Annual Administrative Fee Payable     $ 45,000        
Term for periodic prepayments of debt     3 months        
Term of following prepayments     5 days        
Ratio of consolidated total debt to consolidated adjusted earnings     2        
Percentage of excess cash flow     75.00%        
Debt Instrument, Covenant, Current Ratio     1        
Covenant Consolidated Leverage Ratio, Tested on Rolling Period | item     4        
Minimum credit exposure required     $ 20,000,000        
Borrowings outstanding       0      
Borrowings incurred during the period       $ 0      
Credit Facility | SOFR              
DEBT              
Debt Instrument, Basis Spread on Variable Rate     1.00%        
Credit Facility | Federal funds Effective rate              
DEBT              
Debt Instrument, Basis Spread on Variable Rate     1.00%        
Credit Facility | Minimum              
DEBT              
Commitment fee percentage for unused Portion     3.75%        
Minimum PDP     $ 100,000,000        
Credit Facility | Minimum | SOFR              
DEBT              
Debt Instrument, Basis Spread on Variable Rate     3.75%        
Credit Facility | Minimum | Base rate              
DEBT              
Debt Instrument, Basis Spread on Variable Rate     2.75%        
Credit Facility | Maximum              
DEBT              
Commitment fee percentage for unused Portion     4.75%        
Ratio of consolidated total debt to consolidated adjusted earnings     2.5        
Credit Facility | Maximum | SOFR              
DEBT              
Debt Instrument, Basis Spread on Variable Rate     4.75%        
Credit Facility | Maximum | Base rate              
DEBT              
Debt Instrument, Basis Spread on Variable Rate     3.75%        
Credit Facility | Letter of Credit              
DEBT              
Line of credit facility, maximum borrowing capacity     $ 10,000,000        
First Amendment to the Credit Agreement              
DEBT              
Debt covenant maximum days to deliver an Excess Cash Flow Certificate 30 days            
Recurring days to deliver an Excess Cash Flow Certificate of debt covenant 30 days