LEASES (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Schedule of Components of Leases

The Company has the following balances recorded on its consolidated balance sheets related to leases (in thousands):

	December 31, 2021		December 31, 2020
Assets:
Operating	$	5,944	$	5,171
Finance		3,343		4,296
Total ROU assets(1)	$	9,287	$	9,467
Liabilities:
Current
Operating	$	1,103	$	1,182
Finance		1,859		1,416
Long-term
Operating		4,969		3,441
Finance		1,035		2,592
Total lease liabilities(2)	$	8,966	$	8,631

(1)The Company’s ROU operating assets and finance assets are presented within Other assets and Property and equipment, net of accumulated depreciation, respectively, in its consolidated balance sheet.

The Company’s current and long-term lease liabilities are presented within Accounts payable and accrued liabilities and Other long-term liabilities, respectively, in its consolidated balance sheet.

Components of Lease Expense

The components of lease expense were as follows (in thousands):

		Year ended December 31,
		2021		2020
Lease cost	Classification
Operating lease costs(1)	General and administrative expense	$	2,168	$	2,967
Finance lease costs
Amortization of leased assets	Depreciation and Amortization		1,101		1,215
Interest on lease liabilities	Interest expense		337		421
Short-term lease costs(2)	General and administrative expense		—		—
Net Lease costs		$	3,606	$	4,603

(1)The Company includes its variable lease costs under operating lease costs as these variable lease costs are immaterial.

(2)The Company does not have any short-term leases with lease terms greater than one month.

Maturities of the Company's Lease Liabilities

Maturities of the Company’s lease liabilities as of December 31, 2021 were as follows (in thousands):

Year ending December 31,	Operating			Finance
2022	$	1,661		$	2,099
2023		1,460			780
2024		1,223			168
2025		1,111			95
2026		1,086			100
Thereafter		1,498			—
Total		8,039			3,242
Less: Interest		(1,967	)		(348	)
Present value of lease liabilities	$	6,072		$	2,894

Maturities of the Company’s lease liabilities as of as of December 31, 2020 were as follows (in thousands):

Year ending December 31,	Operating			Finance
2021	$	1,615		$	1,791
2022		1,186			1,939
2023		881			643
2024		702			107
2025		595			33
Thereafter		1,092			—
Total		6,071			4,513
Less: Interest		(1,448	)		(505	)
Present value of lease liabilities	$	4,623		$	4,008