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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Schedule of Impact of Operating Leases to Consolidated Financial Statements

The impact of operating leases to our consolidated financial statements was as follows:

 

Year Ended December 31,

 

 

2021

 

 

2020

 

Lease Cost

 

 

 

 

 

 

 

Operating lease cost

$

5,018

 

 

$

4,986

 

Other Information

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

5,858

 

 

 

5,020

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

754

 

 

 

 

Weighted average remaining lease term - operating leases (in years)

 

8.5

 

 

 

9.0

 

Weighted average discount rate - operating leases

 

9.4

%

 

 

9.1

%

Schedule of Annual Minimum Lease Payments of Operating Lease Liabilities

As of December 31, 2021, the annual minimum lease payments of our operating lease liabilities were as follows:

Year ended December 31,

 

 

 

2022

$

4,922

 

2023

 

4,390

 

2024

 

2,890

 

2025

 

2,873

 

2026

 

2,740

 

After 2026

 

12,785

 

Total lease payments

 

30,600

 

Less: imputed interest

 

(9,890

)

Total recorded lease liabilities

$

20,710

 

Schedule of Minimum Fixed Lease Consideration Under Non-cancelable Operating Leases Excluding Variable Lease Consideration

Our outdoor advertising business generates lessor revenue derived from operating leases accounted for under ASC 842, “Leases.” Minimum fixed lease consideration under non-cancelable operating leases for each of the next five years and thereafter, excluding variable lease consideration, as of December 31, 2021, is as follows:

Year ended December 31,

 

 

 

2022

$

7,588

 

2023

 

597

 

2024

 

82

 

2025

 

4

 

2026

 

 

After 2026