v3.25.1
DEBT (Details)
3 Months Ended
Feb. 12, 2025
USD ($)
Jan. 28, 2025
USD ($)
item
Mar. 31, 2025
USD ($)
Jan. 13, 2025
Dec. 31, 2024
USD ($)
Mar. 31, 2024
Outstanding principal amount     $ 350,047,000   $ 393,223,000  
Purchase of government securities     5,889,000      
Loss on Extinguishment of Debt, Total     $ (15,015,000)      
10.75% Notes            
Principal amount   $ 350,000,000        
Debt instrument, interest rate, stated percentage   10.75% 10.75%   10.75% 10.75%
Outstanding principal amount     $ 341,172,000      
10.75% Notes | Redemption Prior To February 1, 2027 With Applicable Premium            
Redemption price, percentage   100.00%        
10.75% Notes | Redemption Prior To February 1, 2027            
Redemption price, percentage   110.75%        
10.75% Notes | Redemption Prior To February 1, 2027 | Maximum            
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed   35.00%        
10.75% Notes | Redemption From February 1, 2027 To January 31, 2028            
Redemption price, percentage   105.375%        
10.75% Notes | Redemption From February 1, 2028 And Thereafter            
Redemption price, percentage   100.00%        
Term Loan            
Repayment of principal   $ 114,200,000        
Outstanding principal amount         $ 112,132,000  
11.75% Senior Second Lien Notes            
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          
Debt instrument plus accrued interest 89,905          
Outstanding principal amount 5,200,000       $ 272,081,000  
Purchase of government securities $ 5,900,000          
Loss on Extinguishment of Debt, Total     $ (15,100,000)      
Credit Agreement            
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        
Credit Agreement | SOFR            
Debt Instrument, Basis Spread on Variable Rate   1.00%        
Credit Agreement | Federal funds Effective rate            
Debt Instrument, Basis Spread on Variable Rate   1.00%        
Credit Agreement | Minimum            
Commitment fee percentage for unused Portion   3.75%        
Minimum PDP   $ 100,000,000        
Credit Agreement | Minimum | SOFR            
Debt Instrument, Basis Spread on Variable Rate   3.75%        
Credit Agreement | Minimum | Base rate            
Debt Instrument, Basis Spread on Variable Rate   2.75%        
Credit Agreement | Maximum            
Commitment fee percentage for unused Portion   4.75%        
Ratio of consolidated total debt to consolidated adjusted earnings   2.5        
Credit Agreement | Maximum | SOFR            
Debt Instrument, Basis Spread on Variable Rate   4.75%        
Credit Agreement | Maximum | Base rate            
Debt Instrument, Basis Spread on Variable Rate   3.75%        
Credit Agreement | Letter of Credit            
Line of credit facility, maximum borrowing capacity   $ 10,000,000