v3.25.2
LONG-TERM DEBT (Tables)
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Long-term debt consists of the following as of the dates presented (in thousands):
June 30,December 31,
20252024
Surplus note$1,838 $2,573 
5.625% Senior unsecured notes
100,000 100,000 
Total principal amount101,838 102,573 
Less: unamortized debt issuance costs
(976)(1,330)
Total long-term debt, net$100,862 $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
June 30,		Six Months Ended
June 30,
2025202420252024
Interest Expense:
Surplus note
$24 $39 $53 $78 
5.625% Senior unsecured notes
1,407 1,407 2,813 2,813 
Non-cash expense (1)
177 177 354 354 
Total
$1,608 $1,623 $3,220 $3,245 
(1) Represents amortization of debt issuance costs.