OPERATING LAND LEASES (Tables)

6 Months Ended

Jun. 30, 2022

OPERATING LAND LEASES

Summary of operating land leases

The following table reflects a summary of operating land leases, under which the Company is the lessee, for the three and six months ended June 30, 2022 and 2021 (in thousands):

	Three Months Ended					Six Months Ended
	June 30, 2022			June 30, 2021		June 30, 2022			June 30, 2021
Operating Cash Outflows	$	64		$	—	$	69		$	—
Weighted Average Remaining Lease Term		8.2			—		8.2			—
Weighted Average Discount Rate		2.0	%		—		2.0	%		—

Schedule of minimum future lease payments under non-cancelable operating land leases

Minimum future lease payments under non-cancelable operating land leases, having remaining terms in excess of one year subsequent to June 30, 2022, are summarized as follows (in thousands):  

Year Ending December 31,
Remainder of 2022	$	128
2023		257
2024		251
2025		192
2026		202
2027		202
2028 and Thereafter		701
Total Lease Payments	$	1,933
Imputed Interest		(159)
Operating Leases – Liability	$	1,774