Leases (Tables)

3 Months Ended

Mar. 31, 2022

Leases

Summary of supplemental consolidated balance sheet information

(in thousands)	Classification	March 31, 2022
Assets
Right-of-Use Assets	Consolidated Balance Sheet	$	7,002
Liabilities
Current Lease Liabilities	Other Current Liabilities		1,092
Noncurrent Lease Liabilities	Other Long-Term Liabilities		5,398

Summary of supplemental statement of operation information

	Three Months Ended
(in thousands)	March 31, 2022
Direct Operating Costs	$	220
General and Administrative			167
Total Lease Cost	$	387

Summary of supplemental statement of cash flow information

(in thousands)	March 31, 2022
Cash Paid for Amounts Included in Measurement of Lease Liabilities	$	272
Reduction in Right-of-Use Assets and Lease Liabilities Due to Lease Agreement Modifications		(613)

Summary of lease terms and discount rates

	March 31, 2022
Weighted Average Remaining Lease Term (Years)		6.5
Weighted Average Discount Rate		2.85%

Summary of annual operating lease maturities

Annual Lease Maturities

The following table provides maturities of lease liabilities at March 31, 2022:

(in thousands)
2022	$	949
2023		1,013
2024		924
2025		686
2026		611
Thereafter		3,046
Total Lease Payments		7,229
Less: Interest		(739)
Present Value of Lease Liabilities	$	6,490

Future Minimum Lease Commitments

Future minimum lease commitments under non-cancellable leases at December 31, 2021 were as follows:

(in thousands)
2022	$	824
2023		638
2024		622
2025		514
2026		438
Thereafter		816
Total	$	3,852