Leases (Tables)

3 Months Ended

Mar. 31, 2023

Leases [Abstract]

Lease Expense and Other Information

Lease expense and other information consisted of the following for the three months ended March 31, 2023 and 2022 (in thousands, except terms and rates):

	Three Months Ended March 31, 2023			Three Months Ended March 31, 2022
Lease expense
Finance lease expense:
Amortization of right-of-use assets	$	1,939		$	2,233
Interest on lease liabilities	273			204
Operating lease expense	1,423			1,417
Short-term lease expense	6			9
Total lease expense	$	3,641		$	3,863
Supplemental cash flow information
Finance leases:
Operating cash outflow from finance leases	$	273		$	204
Financing cash outflow from finance leases	$	1,960		$	2,176
Finance lease liabilities arising from obtaining finance lease right-of-use assets	$	1,928		$	2,027
Operating leases:
Operating cash outflow from operating leases	$	1,385		$	841
Operating lease liabilities arising from obtaining operating lease right-of-use assets	$	154		$	—
Other information as of March 31, 2023
Finance leases:
Weighted-average remaining lease term (years)	2.0
Weighted-average discount rate lease term	9.1		%
Operating leases:
Weighted-average remaining lease term (years)	9.8
Weighted-average discount rate lease term	3.9		%

Operating Lease Liability Maturity

Future maturities of remaining lease payments included in the measurement of operating lease as of March 31, 2023 are as follows (in thousands):

Years ending December 31,
Remaining 2023	$	4,188
2024	5,574
2025	5,701
2026	5,843
2027	5,989
Thereafter	32,834
Total	60,129
Less imputed interest	(10,414)
Present value of operating lease obligations	$	49,715

Finance Lease Liability Maturity

Future minimum lease payments for the Company’s finance leases as of March 31, 2023 were as follows (in thousands):

Years ending December 31,
Remaining 2023	$	6,132
2024	5,228
2025	2,718
2026	292
2027	—
Thereafter	—
Total	14,370
Less amounts representing interest	(1,413)
Present value of finance lease obligations	$	12,957