Leases

12 Months Ended

Dec. 31, 2022

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 ranging from one month to thirteen years, some of which may include options to extend the leases for up to ten years, and some of which may include options to terminate the leases within one year. As of December 31, 2022 and 2021, assets recorded under finance leases were $1.8 million and $1.3 million, respectively, and accumulated depreciation associated with finance leases was $1.0 million and $0.6 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 consolidated balance sheets.

The components of lease expense were as follows (in thousands):

	December 31, 2022		December 31, 2021
Operating lease cost	$	6,622	$	6,025
Finance lease cost
Amortization of lease expense	564		208
Interest on lease liabilities	70		26
Sublease income	(649)		(852)
Total lease cost	$	6,607	$	5,407

Other information related to leases was as follows:

	December 31, 2022			December 31, 2021
Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	6,781		$	6,083
Operating cash flows from finance leases	70			26
Financing cash flows from finance leases	564			208
Right-of-use assets obtained in exchange for lease liabilities:
Finance leases	576			—
	December 31, 2022			December 31, 2021
Weighted-Average Remaining Lease Term
Operating leases	6.66 years			6.27 years
Finance leases	3.41 years			3.26 years
Weighted-Average Discount Rate
Operating leases	5.50		%	6.10		%
Finance leases	4.92		%	4.53		%

Future minimum lease payments under non-cancellable leases as of December 31, 2022 were as follows:

Years ending December 31,	Operating Leases		Finance Leases
2023	$	4,786	$	673
2024	4,415		607
2025	4,051		444
2026	3,767		190
2027	3,099		132
Thereafter	8,407		—
Total future minimum lease payments	28,525		2,046
Less: imputed interest	5,038		177
Total lease obligations	23,487		1,869
Less: current portion	3,572		594
Long-term lease obligations	$	19,915	$	1,275

As of December 31, 2022, the Company does not have additional operating or 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 ranging from one month to thirteen years, some of which may include options to extend the leases for up to ten years, and some of which may include options to terminate the leases within one year. As of December 31, 2022 and 2021, assets recorded under finance leases were $1.8 million and $1.3 million, respectively, and accumulated depreciation associated with finance leases was $1.0 million and $0.6 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 consolidated balance sheets.

The components of lease expense were as follows (in thousands):

	December 31, 2022		December 31, 2021
Operating lease cost	$	6,622	$	6,025
Finance lease cost
Amortization of lease expense	564		208
Interest on lease liabilities	70		26
Sublease income	(649)		(852)
Total lease cost	$	6,607	$	5,407

Other information related to leases was as follows:

	December 31, 2022			December 31, 2021
Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	6,781		$	6,083
Operating cash flows from finance leases	70			26
Financing cash flows from finance leases	564			208
Right-of-use assets obtained in exchange for lease liabilities:
Finance leases	576			—
	December 31, 2022			December 31, 2021
Weighted-Average Remaining Lease Term
Operating leases	6.66 years			6.27 years
Finance leases	3.41 years			3.26 years
Weighted-Average Discount Rate
Operating leases	5.50		%	6.10		%
Finance leases	4.92		%	4.53		%

Future minimum lease payments under non-cancellable leases as of December 31, 2022 were as follows:

Years ending December 31,	Operating Leases		Finance Leases
2023	$	4,786	$	673
2024	4,415		607
2025	4,051		444
2026	3,767		190
2027	3,099		132
Thereafter	8,407		—
Total future minimum lease payments	28,525		2,046
Less: imputed interest	5,038		177
Total lease obligations	23,487		1,869
Less: current portion	3,572		594
Long-term lease obligations	$	19,915	$	1,275

As of December 31, 2022, the Company does not have additional operating or finance leases that have not yet commenced.