LEASES

12 Months Ended

Dec. 31, 2022

LEASES

LEASES

10.LEASES

The components of lease expense were as follows:

	December 31,
	2022		2021		2020
	(in thousands)
Finance lease cost:
Amortization of right-of-use assets	$	597	$	597	$	704
Interest on lease liabilities		73		147		377
Operating lease cost		274		2,404		3,873
Short-term lease cost		—		200		84
Variable lease cost		1,665		1,306		1,375
Total lease cost	$	2,609	$	4,654	$	6,413

Rental expense was $5.1 million, $3.3 million and $5.2 million for the years ended December 31, 2022, 2021 and 2020 respectively.

Supplemental cash flow information related to leases was as follows:

	December 31,
	2022		2021		2020
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	2,880	$	2,367	$	3,870
Operating cash flows for finance leases	$	73	$	147	$	377
Financing cash flows for finance leases	$	840	$	766	$	8,368
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	1,315	$	189	$	278

Supplemental balance sheet information related to leases was as follows:

	December 31,
	2022		2021
	(in thousands)
Finance leases:
Property and equipment finance lease assets, gross	$	5,485	$	5,485
Accumulated depreciation		(5,061)		(4,464)
Property and equipment finance lease assets, net	$	424	$	1,021

	December 31,
	2022		2021
Weighted average remaining lease term
Operating leases		13.4 years		15.5 years
Finance leases		5.0 years		3.5 years
Weighted average discount rate
Operating leases		6.0 %		6.0 %
Finance leases		4.8 %		7.4 %

Maturities of lease liabilities as of December 31, 2022 were as follows:

	Operating leases		Finance leases
	(in thousands)
2023	$	3,253	$	140
2024		2,918		140
2025		1,734		140
2026		1,106		140
2027		1,112		140
Thereafter		11,901		—
Total lease payments		22,024		700
Less imputed interest		(7,100)		(82)
Total	$	14,924	$	618

The current portion of our operating and finance lease obligations are included in Other current liabilities line item in our consolidated balance sheets.  The long-term portion of our finance lease obligation is included in the Other liabilities line item in our consolidated balance sheets.