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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Summary of Future Minimum Payments For Leases

As of December 31, 2021, future minimum payments for leases for the years ended December 31 were as follows (in thousands):

 

 

 

Operating Leases

 

 

Finance Leases

 

2022

 

$

2,232

 

 

$

36

 

2023

 

 

1,561

 

 

 

36

 

2024

 

 

451

 

 

 

37

 

2025

 

 

515

 

 

 

6

 

2026

 

 

459

 

 

 

 

Years subsequent to 2026

 

 

3,614

 

 

 

 

 

 

 

8,832

 

 

 

115

 

Interest component

 

 

(1,961

)

 

 

(6

)

 

 

 

6,871

 

 

 

109

 

Current portion of long-term lease liabilities

 

 

1,986

 

 

 

33

 

Long-term lease liabilities

 

$

4,885

 

 

$

76

 

Summary of Components of Leases Expense

 

For the years ended December 31, the components of lease expense were as follows (in thousands):

 

 

2021

 

 

2020

 

Operating lease cost

 

$

5,174

 

 

$

6,205

 

Finance lease cost:

 

 

 

 

 

 

 

 

Amortization of finance lease asset (1)

 

 

28

 

 

 

11

 

Interest on lease liabilities (2)

 

 

3

 

 

 

1

 

Short-term lease costs

 

 

911

 

 

 

1,320

 

 

 

$

6,116

 

 

$

7,537

 

 

(1)

Included in amortization costs in the consolidated statements of income (loss).

(2)

Included in interest expense in the consolidated statements of income (loss).

 

Summary of Supplemental Cash Flow Information Related to Leases

For the year ended December 31, 2021, supplemental cashflow information related to leases were as follows (in thousands):

 

 

2021

 

Operating cash flows from operating leases

 

$

(7,456

)

Financing cash outflows from finance leases

 

 

(30

)

Right-of-use assets obtained for operating lease liabilities

 

 

3,582

 

Right-of-use assets obtained for finance lease liabilities

 

 

 

 

 

Summary of Other Information Related to Leases

For the year ended December 31, 2021, other information related to leases were as follows:

 

 

2021

 

 

Weighted average remaining lease term, in years - operating leases

 

 

10.4

 

 

Weighted average remaining lease term, in years - finance leases

 

 

3.2

 

 

Weighted average discount rate - operating leases

 

 

5.3

 

%

Weighted average discount - finance leases

 

 

4.0

 

%