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Leases (Tables)
3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Lease, Cost The components of lease expense for the three months ended March 31, 2023 and 2022 were as follows:
Three Months Ended March 31,
($ in thousands)20232022
Finance lease cost:
Amortization of right-of-use assets$2,236 $977 
Interest on lease liabilities694 261 
Operating lease cost10,574 9,499 
Variable lease cost1,246 1,091 
Short-term lease cost2,051 1,546 
Total lease cost$16,801 $13,374 
Lessee, Supplemental Cash Flow Information Supplemental cash flow and other information related to leases for the three months ended March 31, 2023 and 2022 were as follows:
Three Months Ended March 31,
($ in thousands)20232022
Cash paid for amounts included in measurement of liabilities:
Operating leases$9,877 $9,032 
Finance leases2,936 1,479 
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases4,562 9,461 
Finance leases2,789 — 
Lease Term and Discount Rate, Lessee Lease terms and discount rates as of March 31, 2023 and December 31, 2022 were as follows:
March 31, 2023December 31, 2022
Weighted-average remaining lease term:
Operating leases4.7 years4.8 years
Finance leases3.1 years3.1 years
Weighted-average discount rate:
Operating leases4.8 %4.6 %
Finance leases8.1 %8.2 %
Lessee, Operating Lease, Liability, Maturity Future minimum lease commitments as of March 31, 2023 are as follows:
($ in thousands)FinanceOperating
Remainder of 2023$9,027 $23,556 
20247,871 25,812 
20257,982 23,278 
202613,234 12,130 
20271,200 4,815 
Thereafter— 14,504 
Total lease payments39,314 104,095 
Less imputed interest(5,309)(11,094)
Total$34,005 $93,001 
Finance Lease, Liability, Maturity Future minimum lease commitments as of March 31, 2023 are as follows:
($ in thousands)FinanceOperating
Remainder of 2023$9,027 $23,556 
20247,871 25,812 
20257,982 23,278 
202613,234 12,130 
20271,200 4,815 
Thereafter— 14,504 
Total lease payments39,314 104,095 
Less imputed interest(5,309)(11,094)
Total$34,005 $93,001 
Carrying Amount of Equipment Leased to Others
The carrying amount of equipment leased to others, included in property, plant and equipment, under operating leases as of March 31, 2023 and December 31, 2022 were as follows:
($ in thousands)March 31, 2023December 31, 2022
Lease Equipment$110,844 $106,087 
Less: Accumulated depreciation(14,699)(11,408)
Lease Equipment - net$96,145 $94,679 
Lessor, Operating Lease, Payment to be Received, Maturity
Future payments receivable for operating leases commenced as of March 31, 2023 are as follows:
($ in thousands)
Remainder of 2023$12,392 
20249,218 
20251,051 
2026— 
2027— 
Thereafter— 
Total$22,661