XML 64 R32.htm IDEA: XBRL DOCUMENT v3.22.4
Leases (Tables)
12 Months Ended
Dec. 31, 2022
26 Landsdowne Street [Member]  
Related Party Transaction [Line Items]  
Schedule of Future Minimum Lease Payments

The future minimum lease payments associated with the 26 Landsdowne Street lease as of December 31, 2022, are as follows (in thousands):

 

2023

 

$

2,497

 

2024

 

 

2,572

 

2025

 

 

2,649

 

2026

 

 

2,729

 

Thereafter

 

 

4,237

 

Total minimum lease payments

 

 

14,684

 

Less: imputed interest

 

 

(2,278

)

Total lease liability

 

$

12,406

 

Schedule of minimum rental commitments

Pursuant to ASC 840, rent expense associated with this lease for the year ended December 31, 2021 was approximately $1.9 million. Under ASC 840, minimum rental commitments under non-cancelable leases for each of the next five years and total thereafter as of December 31, 2021, were as follows (in thousands):

 

2022

 

$

2,424

 

2023

 

 

2,497

 

2024

 

 

2,572

 

2025

 

 

2,649

 

2026

 

 

2,729

 

Thereafter

 

 

4,237

 

Total minimum lease payments

 

 

17,108

 

125 Sidney Street [Member]  
Related Party Transaction [Line Items]  
Schedule of Future Minimum Lease Payments

Pursuant to ASU 2016-02, as amended, operating lease expense associated with this lease for the year ended December 31, 2022 was approximately $0.7 million. No variable lease expense was recorded associated with this lease for the year ended December 31, 2022. The future minimum lease payments associated with this lease as of December 31, 2022, are as follows (in thousands):

 

2023

 

$

836

 

2024

 

 

210

 

Total minimum lease payments

 

 

1,046

 

Less: imputed interest

 

 

(29

)

Total lease liability

 

$

1,017

 

Schedule of minimum rental commitments Under ASC 840, minimum rental commitments under non-cancelable leases for each of the next five years and total thereafter as of December 31, 2021, were as follows (in thousands):

 

2022

 

$

613

 

2023

 

 

836

 

2024

 

 

210

 

Total minimum lease payments

 

$

1,659