Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Summary of Lease Costs Recognized and Other Information Pertaining to Operating Leases

The following table contains a summary of the lease costs recognized under ASU 2016-02 and other information pertaining to the Company’s operating leases for the years ended December 31, 2022, 2021 and 2020 (dollars in thousands):

	Years ended December 31,
	2022			2021			2020
Lease cost
Operating lease cost	$	4,512		$	4,718		$	2,927
Variable lease cost		3,921			5,022			2,891
Short-term lease cost		363			65			49
	$	8,796		$	9,805		$	5,867
Other information:
Cash paid for amounts included in the measurement of lease    liabilities: Operating cash flows used in operating leases	$	4,859		$	4,736		$	1,844
Right of use assets obtained in exchange for new    operating lease liabilities	$	2,111		$	314		$	15,846
Weighted average remaining lease term (in years)	2.3			3.1			4.0
Weighted average discount rate		5.13	%		4.86	%		4.85	%

Summary of Maturities of Operating Lease Liabilities

Pursuant to the terms of the Company’s non-cancelable lease agreements in effect as of December 31, 2022, the following table summarizes the Company’s maturities of operating lease liabilities as of December 31, 2022 (in thousands):

	December 31,
	2022
Operating lease liabilities payment
2023	$	4,517
2024		3,331
2025		1,240
2026	-
Total lease payments	$	9,088
Less: imputed interest		(512	)
Present value of lease liability	$	8,576