Leasing Arrangements

3 Months Ended

Mar. 31, 2022

Leases [Abstract]

Leasing Arrangements

Note 4 – Leasing arrangements

The Company leases office space and certain equipment under operating and capital lease agreements, expiring in various years through 2029. Certain leases contain annual rent escalation clauses.

Rent expense totaled $2.8 million and $2.9 million for the three months ended March 31, 2022 and 2021, respectively.

For periods subsequent to March 31, 2022, future minimum payments for all operating and capital lease obligations that have initial non-cancelable lease terms exceeding one year, net of rental income from subleases are as follows (in thousands):

	Capital Leases			Operating Leases
2022 (9 months)	$	1,350		$	6,417
2023		1,057			8,032
2024		—			6,880
2025		—			3,457
2026		—			1,860
Thereafter		—			692
Total	$	2,407		$	27,338
Less interest on lease obligations		(138	)
		2,269
Less current portion		(1,452	)
Non-current portion	$	817