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Leases (Tables)
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Lease, Cost The components of lease expense for the three and six months ended June 30, 2022 and 2021 were as follows:
Three Months Ended June 30,Six Months Ended June 30,
($ in thousands)2022202120222021
Finance lease cost:
Amortization of right-of-use assets$1,229 $1,557 $2,206 $3,352 
Interest on lease liabilities352 434 613 971 
Operating lease cost12,635 9,566 22,134 16,833 
Variable lease cost1,045 1,286 2,136 1,843 
Short-term lease costs1,446 1,695 2,992 2,004 
Total lease cost$16,707 $14,538 $30,081 $25,003 
Lessee, Supplemental Cash Flow Information Supplemental cash flow and other information related to leases for the three and six months ended June 30, 2022 and 2021 were as follows:
Three Months Ended June 30,Six Months Ended June 30,
($ in thousands)2022202120222021
Cash paid for amounts included in measurement of liabilities:
Operating leases$12,863 $8,854 $21,895 $15,284 
Finance leases1,830 2,172 3,309 5,035 
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases9,909 59,175 19,370 59,206 
Finance leases6,333 — 6,333 — 
Lease Term and Discount Rate, Lessee Lease terms and discount rates as of June 30, 2022 and December 31, 2021 were as follows:
June 30, 2022December 31, 2021
Weighted-average remaining lease term:
Operating leases4.9 years5.2 years
Finance leases2.6 years1.5 years
Weighted-average discount rate:
Operating leases4.5 %4.2 %
Finance leases8.2 %8.6 %
Lessee, Operating Lease, Liability, Maturity Future minimum lease commitments as of June 30, 2022 are as follows:
($ in thousands)FinanceOperating
Remainder of 2022$4,629 $18,822 
20237,603 29,458 
20242,724 22,912 
20252,678 20,585 
20262,656 9,836 
Thereafter— 19,081 
Total lease payments20,290 120,694 
Less imputed interest(2,184)(12,687)
Total Liability$18,106 $108,007 
Finance Lease, Liability, Maturity Future minimum lease commitments as of June 30, 2022 are as follows:
($ in thousands)FinanceOperating
Remainder of 2022$4,629 $18,822 
20237,603 29,458 
20242,724 22,912 
20252,678 20,585 
20262,656 9,836 
Thereafter— 19,081 
Total lease payments20,290 120,694 
Less imputed interest(2,184)(12,687)
Total Liability$18,106 $108,007 
Carrying Value of Assets Subject to Leases
The carrying amount of equipment leased to others, included in property, plant and equipment, under operating leases as of June 30, 2022 and December 31, 2021 were as follows:
($ in thousands)June 30, 2022December 31, 2021
Equipment leased to others - at original cost$77,337 $64,770 
Less: Accumulated depreciation(5,601)(1,377)
Equipment leased to others - net$71,736 $63,393 
Lessor, Operating Lease, Payment to be Received, Maturity
Future payments receivable for operating leases commenced and committed but not delivered as of June 30, 2022 are as follows:
($ in thousands)
Remainder of 2022$5,871 
202310,429 
20244,592 
20251,051 
2026— 
Thereafter— 
Total$21,943