Leasing Arrangements

6 Months Ended

Jun. 30, 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 $2.5 million and $2.9 million for the three months ended June 30, 2022 and 2021, respectively. Rent expense totaled $5.4 million and $5.8 million for the six months ended June 30, 2022 and 2021, respectively.

For periods subsequent to June 30, 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 (6 months)	$	820	$	4,226
2023		1,057		7,951
2024		—		6,797
2025		—		3,371
2026		—		1,816
Thereafter		—		692
Total	$	1,877	$	24,853
Less interest on lease obligations		96
		1,781
Less current portion		1,282
Non-current portion	$	499