OPERATING LAND LEASES (Tables)

6 Months Ended

Jun. 30, 2023

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, 2023 and 2022 (in thousands):

	Three Months Ended						Six Months Ended
	June 30, 2023			June 30, 2022			June 30, 2023			June 30, 2022
Operating Cash Outflows	$	64		$	64		$	128		$	69
Weighted Average Remaining Lease Term		7.7			8.2			7.7			8.2
Weighted Average Discount Rate		2.0	%		2.0	%		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, 2023, are summarized as follows (in thousands):  

Year Ending December 31,
Remainder of 2023	$	128
2024		251
2025		192
2026		202
2027		202
2028		202
2029 and Thereafter		490
Total Lease Payments	$	1,667
Imputed Interest		(105)
Operating Leases – Liability	$	1,562