XML 49 R35.htm IDEA: XBRL DOCUMENT v3.22.4
Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Summary of balance sheet information operating leases lessee

The Company has operating leases for corporate offices and certain equipment. The following tables provide information regarding the Company’s operating leases for which it is the lessee (in thousands):

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

ROU asset:

 

 

 

 

 

 

Other assets, net

 

$

13,029

 

 

$

11,739

 

Lease liabilities:

 

 

 

 

 

 

Accounts payable and accrued expenses

 

$

3,704

 

 

$

3,307

 

Other liabilities

 

 

9,885

 

 

 

7,904

 

Total operating lease liabilities

 

$

13,589

 

 

$

11,211

 

Summary lease cost

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Operating lease costs

 

$

5,106

 

 

$

4,832

 

 

$

4,152

 

Short-term lease costs

 

 

 

 

 

 

 

 

29

 

Variable lease costs

 

 

1,044

 

 

 

965

 

 

 

949

 

Total lease costs

 

$

6,150

 

 

$

5,797

 

 

$

5,130

 

Summary of supplementary cash flow information for operating leases

 

 

Year Ended December 31,

 

Supplemental Cash Flow Information

 

2022

 

 

2021

 

 

2020

 

Cash paid for amounts included in the measurement of lease
   liability:

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

4,960

 

 

$

4,409

 

 

$

4,495

 

ROU asset obtained in exchange for new lease liability:

 

 

 

 

 

 

 

 

 

Operating leases

 

$

8,200

 

 

$

5,116

 

 

$

363

 

Summary of weighted average discount rate and remaining lease term operating lease

 

 

December 31,

 

Weighted Average Lease Term and Discount Rate

 

2022

 

 

2021

 

Weighted average remaining lease term (years):

 

 

 

 

 

 

Operating leases

 

 

6

 

 

 

5

 

Weighted average discount rate:

 

 

 

 

 

 

Operating leases

 

 

5.47

%

 

 

8.15

%

 

Summary of operating lease

The following table summarizes future minimum lease obligations under non-cancelable operating leases as of December 31, 2022 (in thousands):

 

Year

 

Amount

 

2023

 

$

3,840

 

2024

 

 

2,444

 

2025

 

 

2,348

 

2026

 

 

2,223

 

2027

 

 

1,140

 

Thereafter

 

 

3,955

 

Undiscounted minimum lease payments payable

 

 

15,950

 

Less: imputed interest

 

 

(2,361

)

Present value of lease liability

 

$

13,589