Quarterly report pursuant to Section 13 or 15(d)

INCOME TAXES (Tables)

v3.21.2
INCOME TAXES (Tables)
9 Months Ended
Sep. 30, 2021
Income Tax Disclosure [Abstract]  
Schedule of Income Tax Expense (Benefit)
Income tax expense (benefit) consists of the following:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2021 2020 2021 2020
Current:
Federal $ 2,813  $ —  $ 6,932  $ (7,877)
State and local 1,415  1,438  2,283  1,496 
Total current income tax expense (benefit) 4,228  1,438  9,215  (6,381)
Deferred:
Federal 23,690  77,300  100,842  (29,921)
State and local 3,641  22,074  18,684  (12,345)
Total deferred income tax expense (benefit) 27,331  99,374  119,526  (42,266)
Total income tax expense (benefit) $ 31,559  $ 100,812  $ 128,741  $ (48,647)