Leases (Tables)

6 Months Ended

Jun. 30, 2023

The components of lease expense consisted of the following in the three and six months ended June 30, 2023:


	Three Months Ended June 30, 2023						Six Months Ended June 30, 2023
In thousands	Third Party		Related Party		Total		Third Party		Related Party		Total
Finance lease costs:
Amortization of right-of-use assets	$	847	$	—	$	847	$	1,732	$	—	$	1,732
Interest on lease liabilities	81		—		81		169		—		169
Operating lease costs	593		98		691		1,309		196		1,505
Short-term lease costs	39		—		39		66		67		133
Variable lease costs	309		—		309		453		—		453
Sublease income	(113)		—		(113)		(242)		—		(242)
Total lease costs	$	1,756	$	98	$	1,854	$	3,487	$	263	$	3,750

Schedule of Company's Lease Assets and Liabilities, Lease Term and Discount Rate Assumptions

Lease-related assets and liabilities recorded on the unaudited condensed consolidated balance sheet are as follows:


	June 30, 2023						December 31, 2022
In thousands	Third Party		Related Party		Total		Third Party		Related Party		Total
Assets
Finance lease right-of-use assets (included in property and equipment, net)	$	4,804	$	—	$	4,804	$	5,916	$	—	$	5,916
Operating lease right-of-use assets	4,496		1,232		5,728		5,819		1,394		7,213
Total leased assets	$	9,300	$	1,232	$	10,532	$	11,735	$	1,394	$	13,129

Liabilities
Lease liabilities, current:
Finance lease liabilities	$	2,946	$	—	$	2,946	$	3,023	$	—	$	3,023
Operating lease liabilities	1,845		350		2,195		2,130		322		2,452
Lease liabilities, current	4,791		350		5,141		5,153		322		5,475

Lease liabilities, noncurrent:
Finance lease liabilities	2,018		—		2,018		2,976		—		2,976
Operating lease liabilities	4,020		909		4,929		4,672		1,093		5,765
Lease liabilities, noncurrent	6,038		909		6,947		7,648		1,093		8,741
Total leased liabilities	$	10,829	$	1,259	$	12,088	$	12,801	$	1,415	$	14,216

The following table summarizes our lease term and discount rate assumptions as of June 30, 2023:


	June 30, 2023
	Third Party	Related Party	Total
Weighted-average remaining lease term (years):
Finance leases	1.79	—	1.79
Operating leases	3.53	3.42	3.51

Weighted-average discount rate:
Finance leases	6.5%	—	6.5%
Operating leases	7.3%	5.3%	7.0%

Summary of Operating Lease Maturity

Undiscounted future minimum lease payments (displayed by year and in the aggregate) under noncancelable operating leases with terms of more than one year, as of June 30, 2023, have been reconciled to the total operating and finance lease liabilities recognized on the unaudited condensed consolidated balance sheets as of June 30, 2023 as follows:


	June 30, 2023
	Finance Leases						Operating Leases
In thousands	Third Party		Related Party		Total		Third Party		Related Party		Total
Remaining 2023	$	1,668	$	—	$	1,668	$	1,108	$	195	$	1,303
2024	2,625		—		2,625		2,068		421		2,489
2025	932		—		932		1,651		427		2,078
2026	25		—		25		1,029		324		1,353
2027	—		—		—		457		—		457
Thereafter	—		—		—		379		—		379
Total lease payments	5,250		—		5,250		6,692		1,367		8,059
Less: Interest	286		—		286		827		108		935
Present value of lease liabilities	$	4,964	$	—	$	4,964	$	5,865	$	1,259	$	7,124

Summary of Finance Leases Maturity


	June 30, 2023
	Finance Leases						Operating Leases
In thousands	Third Party		Related Party		Total		Third Party		Related Party		Total
Remaining 2023	$	1,668	$	—	$	1,668	$	1,108	$	195	$	1,303
2024	2,625		—		2,625		2,068		421		2,489
2025	932		—		932		1,651		427		2,078
2026	25		—		25		1,029		324		1,353
2027	—		—		—		457		—		457
Thereafter	—		—		—		379		—		379
Total lease payments	5,250		—		5,250		6,692		1,367		8,059
Less: Interest	286		—		286		827		108		935
Present value of lease liabilities	$	4,964	$	—	$	4,964	$	5,865	$	1,259	$	7,124

Schedule of Rent Expense

Total rent expense under related party and third-party agreements consisted of the following:


In thousands	Three Months Ended June 30, 2022		Six Months Ended June 30, 2022
Related party	$	218	$	400
Third-party	1,106		1,976
Sublease income	(149)		(246)
Total rent expense, net of sublease income	$	1,175	$	2,130