XML 21 R12.htm IDEA: XBRL DOCUMENT v3.23.1
Leases
 3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Leases LEASES
    
The Company as a Lessor:

Lease income for operating and direct financing leases for the periods presented are as follows:
Three Months Ended March 31,
20232022
Real estate income:
Operating leases$2,384 $2,273 
Direct financing leases622 692 
Total real estate income$3,006 $2,965 

The Company leases buildings in Olympia, Washington, Elk Grove, Illinois and Commerce, California that are subleased or partly subleased to a third party. The subleases are classified as operating leases under ASC 842. The underlying assets are presented in the condensed consolidated balances sheets as follows:
March 31, 2023December 31, 2022
Right-of-use assets$36,060 $36,596 
Current portion of lease liability$1,610 $1,568 
Long-term portion of lease liability$31,629 $31,904 

The Company also leases a building in Elma, Washington that is subleased to a third party. This sublease is classified as a finance lease. A reconciliation of the lease receivables is as follows:
March 31, 2023December 31, 2022
Balance, December 31, 2022$9,421 $10,378 
Interest621 2,673 
Lease payments received(945)(3,630)
Balance, March 31, 20239,097 9,421 
Less current portion(3,855)(3,810)
Long-term lease receivables$5,242 $5,611