v3.26.1
FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
 3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of carrying value and estimated fair value of financial instruments

The following table presents the carrying value and estimated fair value of the Company’s financial instruments not carried at fair value on the consolidated balance sheets at March 31, 2026 and December 31, 2025 (in thousands):

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​

​

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​

​

​

March 31, 2026

​

December 31, 2025

​

  ​ ​ ​

Carrying Value

  ​ ​ ​

Estimated Fair Value

  ​ ​ ​

Carrying Value

  ​ ​ ​

Estimated Fair Value

Cash and Cash Equivalents - Level 1

​

$

8,282

​

$

8,282

​

$

6,467

​

$

6,467

Restricted Cash - Level 1

​

$

10,587

​

$

10,587

​

$

34,652

​

$

34,652

Commercial Loans and Investments - Level 2

​

$

80,713

​

$

83,867

​

$

104,804

​

$

109,828

Long-Term Debt - Level 2

​

$

649,532

​

$

649,062

​

$

616,345

​

$

608,419
Schedule of fair value of assets measured on recurring basis by Level The following table presents the fair value of assets (liabilities) measured on a recurring basis by level as of March 31, 2026 and December 31, 2025 (in thousands).

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Fair Value at Reporting Date Using

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Fair Value

  ​ ​ ​

Quoted Prices in Active Markets for Identical Assets
(Level 1)

  ​ ​ ​

Significant Other Observable Inputs
(Level 2)

  ​ ​ ​

Significant Unobservable Inputs
(Level 3)

March 31, 2026

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Cash Flow Hedge - 2027 Term Loan Interest Rate Swaps

​

$

1,455

  ​ ​ ​

$

—

  ​ ​ ​

$

1,455

  ​ ​ ​

$

—

Cash Flow Hedge - 2028 Term Loan Interest Rate Swaps

​

$

(691)

  ​ ​ ​

$

—

  ​ ​ ​

$

(691)

  ​ ​ ​

$

—

Cash Flow Hedge - 2029 Term Loan Interest Rate Swaps

​

$

653

  ​ ​ ​

$

—

  ​ ​ ​

$

653

  ​ ​ ​

$

—

Cash Flow Hedge - 2030 Term Loan Interest Rate Swaps

​

$

617

  ​ ​ ​

$

—

  ​ ​ ​

$

617

  ​ ​ ​

$

—

Cash Flow Hedge - Credit Facility Interest Rate Swaps

​

$

(242)

  ​ ​ ​

$

—

  ​ ​ ​

$

(242)

  ​ ​ ​

$

—

Investment Securities

​

$

44,488

  ​ ​ ​

$

44,488

  ​ ​ ​

$

—

  ​ ​ ​

$

—

December 31, 2025

​

​

​

​

​

​

​

​

​

​

​

​

Cash Flow Hedge - 2027 Term Loan Interest Rate Swaps

​

$

1,496

  ​ ​ ​

$

—

  ​ ​ ​

$

1,496

  ​ ​ ​

$

—

Cash Flow Hedge - 2028 Term Loan Interest Rate Swaps

​

$

(1,351)

  ​ ​ ​

$

—

  ​ ​ ​

$

(1,351)

  ​ ​ ​

$

—

Cash Flow Hedge - 2029 Term Loan Interest Rate Swaps

​

$

(5)

  ​ ​ ​

$

—

  ​ ​ ​

$

(5)

  ​ ​ ​

$

—

Cash Flow Hedge - 2030 Term Loan Interest Rate Swaps

​

$

(48)

​

$

—

​

$

(48)

​

$

—

Cash Flow Hedge - Credit Facility Interest Rate Swaps

​

$

(497)

  ​ ​ ​

$

—

​

$

(497)

​

$

—

Investment Securities

​

$

41,324

  ​ ​ ​

$

41,324

  ​ ​ ​

$

—

  ​ ​ ​

$

—

​