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Leases
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Leases
NOTE 6. Leases
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,
20242023
ROU asset:
Other assets, net$8,783 $13,411 
Lease liabilities:
Accounts payable and accrued expenses$2,460 $2,846 
Other liabilities6,599 10,905 
Total operating lease liabilities$9,059 $13,751 
Year Ended December 31,
202420232022
Operating lease costs$3,108 $3,529 $4,572 
Short-term lease costs512 232 — 
Variable lease costs1,405 1,078 643 
Total lease costs$5,025 $4,839 $5,215 
Year Ended December 31,
Supplemental Cash Flow Information202420232022
Cash paid for amounts included in the measurement of lease liability:
Operating cash flows from operating leases$4,992 $5,181 $4,189 
ROU asset obtained in exchange for new lease liability:
Operating leases$372 $2,953 $6,990 
December 31,
Weighted Average Lease Term and Discount Rate20242023
Weighted average remaining lease term (years):
Operating leases56
Weighted average discount rate:
Operating leases5.47 %6.15 %
The following table summarizes future minimum lease obligations under non-cancelable operating leases as of December 31, 2024 (in thousands):
YearAmount
2025$2,606 
20262,204 
20271,338 
20281,193 
20291,068 
Thereafter2,039 
Undiscounted minimum lease payments payable10,448 
Less: imputed interest(1,389)
Present value of lease liability$9,059