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Leases
 3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Leases Leases
The Company has operating and finance leases for corporate offices, physicians’ offices, and certain equipment. These leases have remaining lease terms of five months to twelve years. Some of the leases may include options to extend the lease terms for up to ten years, and some of the leases may include options to terminate the leases within one year. As of March 31, 2023 and December 31, 2022, assets recorded under finance leases were $1.7 million and $1.8 million, respectively, and accumulated depreciation associated with finance leases were $1.2 million and $1.0 million, respectively.
Also, the Company rents or subleases certain real estate to third parties, which are accounted for as operating leases.
Leases with an initial term of 12 months or less are not recorded on the balance sheets.
The components of lease expense were as follows (in thousands):
Three Months Ended March 31,
20232022
Operating lease cost
$1,751 $1,574 
Finance lease cost
Amortization of lease expense
154 141 
Interest on lease liabilities
22 20 
Sublease income(248)(126)
Total lease cost, net$1,679 $1,609 
Other information related to leases was as follows (in thousands):
Three Months Ended
March 31,
20232022
Supplemental Cash Flow Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,742 $1,547 
Operating cash flows from finance leases154 20 
Financing cash flows from finance leases22 141 
Three months ended March 31,
20232022
Weighted Average Remaining Lease Term
Operating leases6.64 years6.09 years
Finance leases3.22 years3.31 years
Weighted Average Discount Rate
Operating leases5.63 %6.10 %
Finance leases4.95 %4.31 %
The following are future minimum lease payments under non-cancellable leases for the years ending December 31 (in thousands) below:
Operating Leases
Finance Leases
2023 (excluding the three months ended March 31, 2023)$3,337 $497 
20244,058 607 
20253,683 444 
20263,454 190 
20273,092 132 
Thereafter8,413 — 
Total future minimum lease payments
26,037 1,870 
Less: imputed interest
4,639 155 
Total lease liabilities
21,398 1,715 
Less: current portion
3,234 579 
Long-term lease liabilities
$18,164 $1,136 
As of March 31, 2023, the Company does not have additional operating and finance leases that have not yet commenced.
Leases Leases
The Company has operating and finance leases for corporate offices, physicians’ offices, and certain equipment. These leases have remaining lease terms of five months to twelve years. Some of the leases may include options to extend the lease terms for up to ten years, and some of the leases may include options to terminate the leases within one year. As of March 31, 2023 and December 31, 2022, assets recorded under finance leases were $1.7 million and $1.8 million, respectively, and accumulated depreciation associated with finance leases were $1.2 million and $1.0 million, respectively.
Also, the Company rents or subleases certain real estate to third parties, which are accounted for as operating leases.
Leases with an initial term of 12 months or less are not recorded on the balance sheets.
The components of lease expense were as follows (in thousands):
Three Months Ended March 31,
20232022
Operating lease cost
$1,751 $1,574 
Finance lease cost
Amortization of lease expense
154 141 
Interest on lease liabilities
22 20 
Sublease income(248)(126)
Total lease cost, net$1,679 $1,609 
Other information related to leases was as follows (in thousands):
Three Months Ended
March 31,
20232022
Supplemental Cash Flow Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,742 $1,547 
Operating cash flows from finance leases154 20 
Financing cash flows from finance leases22 141 
Three months ended March 31,
20232022
Weighted Average Remaining Lease Term
Operating leases6.64 years6.09 years
Finance leases3.22 years3.31 years
Weighted Average Discount Rate
Operating leases5.63 %6.10 %
Finance leases4.95 %4.31 %
The following are future minimum lease payments under non-cancellable leases for the years ending December 31 (in thousands) below:
Operating Leases
Finance Leases
2023 (excluding the three months ended March 31, 2023)$3,337 $497 
20244,058 607 
20253,683 444 
20263,454 190 
20273,092 132 
Thereafter8,413 — 
Total future minimum lease payments
26,037 1,870 
Less: imputed interest
4,639 155 
Total lease liabilities
21,398 1,715 
Less: current portion
3,234 579 
Long-term lease liabilities
$18,164 $1,136 
As of March 31, 2023, the Company does not have additional operating and finance leases that have not yet commenced.