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Commitments and Contingencies
 12 Months Ended
Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
Lease Commitments
The Company and Global Wells lease facilities under various operating leases expiring through 2031. The Company also leases automobiles under various operating leases expiring through 2024.
At December 31, 2021, approximate future minimum lease obligations are:
(in thousands)
2022$3,055 
20233,060 
20241,824 
2025380 
2026374 
Thereafter 1,629 
$10,322 
Rent expense for the years ended December 31, 2021 and 2020 were approximately $1,783,000 and $1,212,000, respectively.
In September 2020, Global Wells entered into an operating lease with an unrelated party as the landlord. The lease term is for 38 months beginning September 9, 2020 and generates monthly rental payments from $58,000 to $61,000 over the lease term. Rental income for the year ended December 31, 2021 and December 31, 2020 were $931,000 and $322,000,
respectively. The expected rental income is $716,000 and $611,000 for the year ended December 31, 2022 and 2023, respectively.
Contingencies
The Company is involved from time to time in certain legal actions and claims arising in the ordinary course of business. Management believes that the outcome of such litigation and claims, should they arise in the future, is not likely to have a material effect on the Company’s financial position or results of income.