Leases (Tables)

6 Months Ended

Jun. 30, 2024

Disclosure Of Leases [Abstract]

Disclosure of right-of-use assets and liabilities for operating and finance leases

The table below summarizes the Company’s right-of-use (“ROU”) assets and corresponding liabilities for operating and finance leases:

	June 30,		December 31,
	2024		2023
Operating leases:
ROU assets	$	1,296	$	1,407
Liabilities	$	1,305	$	1,408
Finance leases:
ROU assets	$	—	$	1
Liabilities	$	1	$	2

Disclosure of operating and finance leases of lessee

The following table summarizes the Company’s operating and finance leases in which the Company is a lessee:

		Renewal	Other Terms and
Class of Assets	Initial Term	Option	Conditions
Operating lease:
Office equipment	36 to 63 months	Yes	(a)
Office space	5 to 9 years	Yes	(a), (b)
Finance lease:
Office equipment	3.25 years	Not applicable	(c)

(a)There are no variable lease payments.

(b)Rent escalation provisions exist.

(c)There is a bargain purchase option.

Disclosure of lease liabilities maturities

As of June 30, 2024, maturities of lease liabilities were as follows:

	Leases
	Operating		Finance
Due in 12 months following June 30,
2024	$	289	$	1
2025		299		—
2026		308		—
2027		303		—
2028		123		—
Thereafter		190		—
Total lease payments		1,512		1
Less: interest		207		—
Total lease obligations	$	1,305	$	1

Disclosure of quantitative information of operating and finance leases

The following table provides quantitative information with regards to the Company’s operating and finance leases:

	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2024			2023		2024		2023
Lease costs:
Finance lease costs:
Amortization – ROU assets*	$	—		$	4	$	—	$	8
Operating lease costs*		76			77		145		129
Short-term lease costs*		83			74		175		167
Total lease costs	$	159		$	155	$	320	$	304
Cash paid for amounts included in the    measurement of lease liabilities:
Operating cash flows – operating leases						$	142	$	73
Financing cash flows – finance leases						$	1	$	7
	June 30,
	2024
Weighted-average remaining lease term:
Finance leases (in years)		0.3
Operating leases (in years)		5.1
Weighted-average discount rate:
Finance leases (%)		2.4	%
Operating leases (%)		6.0	%

* Included in other operating expenses on the consolidated statements of income.

Disclosure of operating leases of lessor entity

The following table summarizes the Company’s operating leases in which the Company is a lessor:

		Renewal	Other Terms
Class of Assets	Initial Term	Option	and Conditions
Operating lease:
Office space	1 to 3 years	Yes	(d)
Retail space	3 to 20 years	Yes	(d)
Boat docks/wet slips	1 to 12 months	Yes	(d)

(d)There are no purchase options.