Leases (Tables)

6 Months Ended

Jun. 30, 2022

Leases

Summary of supplemental consolidated balance sheet information

(in thousands)	Classification	June 30, 2022
Assets
Right-of-Use Assets	Consolidated Balance Sheet	$	7,067
Liabilities
Current Lease Liabilities	Accrued and Other Current Liabilities		1,045
Noncurrent Lease Liabilities	Other Long-Term Liabilities		5,631

Summary of supplemental statement of operation information

The following table provides the components of lease cost, excluding lease cost related to short-term leases:

	Three Months Ended			Six Months Ended
(in thousands)	June 30, 2022			June 30, 2022
Direct Operating Costs			226			446
General and Administrative			165			332
Total Lease Cost		$	391		$	778

Summary of supplemental statement of cash flow information

	Six Months Ended
(in thousands)	June 30, 2022
Cash Paid for Amounts Included in Lease Liabilities	$	542
Reduction in Right-of-Use Assets and Lease Liabilities Due to Lease Agreement Modifications		(198)

Summary of lease terms and discount rates

	June 30, 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 June 30, 2022:

(in thousands)
2022	$	679
2023		1,013
2024		924
2025		686
2026		611
Thereafter		3,546
Total Lease Payments		7,459
Less: Interest		(783)
Present Value of Lease Liabilities	$	6,676

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