XML 54 R41.htm IDEA: XBRL DOCUMENT v3.24.0.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
Lease, Cost
The components of lease expense were as follows (in thousands):
Years Ended December 31,
202320222021
Operating leases   
Operating lease cost$6,513 $5,711 $1,387 
Other lease cost256 239 287 
Operating lease expense6,769 5,950 1,674 
Short-term lease rent expense132 167 — 
Total rent expense$6,901 $6,117 $1,674 
Schedule of Cash Flow, Supplemental Disclosures
Supplemental cash flow information related to leases were as follows (amounts in thousands):
Years Ended December 31,
202320222021
Operating cash flows from operating leases$5,939$1,421$553
Right of use assets exchanged for operating lease liabilities$3,062$4,312$30,968
Weighted average remaining lease term - operating leases9.9 years11.3 years13.0 years
Weighted average remaining discount rate - operating leases7.8%7.4%7.6%
Lessee, Operating Lease, Liability, Maturity
Maturities of the Company’s operating leases from continuing operations, are as follows (in thousands):
Year Ended December 31, 2024$8,362 
Year Ended December 31, 20257,764 
Year Ended December 31, 20265,991 
Year Ended December 31, 20274,831 
Year Ended December 31, 20284,403 
Thereafter31,737 
Total63,088 
Less present value discount(19,754)
Operating lease liabilities$43,334 
Annual Sponsorship Agreements
Year Ended December 31, 2024$3,225 
Year Ended December 31, 20253,275 
Year Ended December 31, 20263,325 
Year Ended December 31, 20273,425 
Year Ended December 31, 20283,525 
Thereafter12,725 
Total$29,500 
Future payments under these agreements are as follows:
Year Ended December 31, 2024$26,065 
Year Ended December 31, 202513,748 
Year Ended December 31, 202613,748 
Year Ended December 31, 202713,748 
Year Ended December 31, 20284,583 
Total$71,892