Leases (Tables)

6 Months Ended

Jun. 30, 2022

Leases [Abstract]

Summary of Operating and Finance Leases

The balances for the operating and finance leases where the Company is the lessee are presented as follows within the condensed consolidated balance sheets:

	June 30, 2022		December 31, 2021
Operating lease:
Operating lease right-of-use assets, net	$	16,203,487	$	17,836,756
Current portion of operating lease liabilities		1,599,190		2,633,236
Operating lease liabilities, net of current portion		27,026,923		27,605,739
Total operating lease liabilities	$	28,626,113	$	30,238,975
Finance lease:
Finance lease right-of-use assets	$	716,402	$	883,076
Current portion of finance lease liabilities		391,003		413,487
Finance lease liabilities, net of current portion		348,352		482,544
Total finance lease liabilities	$	739,355	$	896,031

Summary of Lease Expense

The components of lease expense are as follows within the condensed consolidated statements of operations:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Operating lease expense:
Operating lease cost(1)	$	1,461,356	$	1,369,459	$	2,922,711	$	2,602,167
Finance lease expense:
Amortization of leased assets		107,112		94,418		219,512		168,333
Interest on lease liabilities		10,459		13,748		22,047		25,048
Total lease expense	$	1,578,927	$	1,477,625	$	3,164,270	$	2,795,548

(1) Includes short-term leases and variable lease costs, which are immaterial.

Schedule of Lease Terms and Discount Rate

The weighted-average remaining lease term and weighted-average discount rate as of June 30, 2022 and December 31, 2021, were as follows:

	June 30, 2022			December 31, 2021
Weighted average remaining lease term (years)
Operating leases	13.93 years			13.73 years
Finance leases	2.01 years			2.33 years
Weighted average discount rate applied
Operating leases		8.9	%		9.2	%
Finance leases		5.9	%		6.1	%

Summary of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases where the Company is the lessee is as follows:

	Six Months Ended June 30,
	2022		2021
Operating cash outflows from operating leases	$	2,902,305	$	3,244,257
Operating cash outflows from finance leases (interest payments)	$	22,047	$	25,048
Financing cash outflows from finance leases	$	209,514	$	171,734
Leased assets obtained in exchange for finance lease liabilities	$	52,838	$	420,361
Leased assets obtained in exchange for operating lease liabilities	$	—	$	2,913,002

Summary of Maturities of Operating and Finance Lease Liabilities

As of June 30, 2022, the maturities of the operating and finance lease liabilities are as follows:

	Operating Leases		Finance Leases
Remainder of 2022	$	2,218,628	$	233,900
2023		3,497,422		343,422
2024		3,589,920		157,455
2025		3,559,583		22,189
2026		3,325,639		38,944
Thereafter		35,705,779		—
Total lease payments	$	51,896,971	$	795,910
Less: imputed interest		23,270,858		56,555
Total present value of lease liabilities	$	28,626,113	$	739,355
Less: current portion of lease liabilities		1,599,190		391,003
Long-term portion of lease liabilities	$	27,026,923	$	348,352