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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Schedule of Lease Cost
The following table provides the components of lease expense for the periods indicated (in thousands):

Year Ended December 31,
202120202019
Finance lease cost:
Amortization of ROU assets$4,744 $2,547 $1,807 
Interest on lease liabilities413 300 295 
Operating lease cost2,560 2,718 2,933 
Short-term lease cost13,880 11,020 9,627 
Variable lease cost— — 
Total lease expense$21,604 $16,585 $14,662 

The following table provides supplemental cash flow and other information related to leases for the periods indicated (in thousands):
Year Ended December 31,
202120202019
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases (1)
$2,560 $2,717 $2,934 
Operating cash flows from finance leases326 291 295 
Financing cash flows from finance leases4,367 2,336 1,697 
ROU assets obtained in exchange for new lease liabilities:
Finance leases (2)
2,083 11,412 4,148 
Operating leases1,385 819 12,006 
______________
(1)Amounts are included in Other operating activities on the consolidated cash flow statements.
(2)2020 amount consists of a finance lease agreements for 58 tractors with five year terms, 40 trailers with a six year term that we entered into in connection with the CTL acquisition (see Note 6 for further information) and other office equipment.
The following table provides lease terms and discount rates for the periods indicated:

Year Ended December 31,
202120202019
Weighted-average remaining lease term (years):
Finance leases3.604.163.03
Operating leases3.854.574.78
Weighted-average discount rate:
Finance leases2.6 %3.0 %4.9 %
Operating leases3.8 %4.3 %5.0 %
Schedule of Lease Assets and Liabilities
The following table provides supplemental balance sheet information related to leases at the dates indicated (in thousands):
December 31,
20212020
Assets
Finance lease ROU assets (1)
$12,590 $15,251 
Operating lease ROU assets7,113 8,051 
Liabilities
Current
Finance lease liabilities3,663 4,112 
Operating lease liabilities2,178 2,050 
Noncurrent
Finance lease liabilities9,672 11,507 
Operating lease liabilities4,938 6,000 
______________
(1)Amounts are included in Property and equipment, net on the consolidated balance sheets.
Schedule of Lessee, Operating Lease, Liability, Maturity
The following table provides maturities of undiscounted lease liabilities at December 31, 2021 (in thousands):
Finance Operating
LeaseLease
2022$3,941 $2,399 
20233,143 2,080 
20242,348 1,911 
20253,771 394 
2026801 333 
Thereafter— 455 
Total lease payments14,004 7,572 
Less: Interest(669)(456)
Present value of lease liabilities13,335 7,116 
Less: Current portion of lease obligation(3,663)(2,178)
Total long-term lease obligation$9,672 $4,938 
The following table provides maturities of undiscounted lease liabilities at December 31, 2020 (in thousands):
Finance Operating
LeaseLease
2021$4,496 $2,343 
20223,562 2,002 
20232,764 1,821 
20241,969 1,700 
20252,992 222 
Thereafter802 675 
Total lease payments16,585 8,763 
Less: Interest(966)(713)
Present value of lease liabilities15,619 8,050 
Less: Current portion of lease obligation(4,112)(2,050)
Total long-term lease obligation$11,507 $6,000 
Schedule of Finance Lease, Liability, Maturity
The following table provides maturities of undiscounted lease liabilities at December 31, 2021 (in thousands):
Finance Operating
LeaseLease
2022$3,941 $2,399 
20233,143 2,080 
20242,348 1,911 
20253,771 394 
2026801 333 
Thereafter— 455 
Total lease payments14,004 7,572 
Less: Interest(669)(456)
Present value of lease liabilities13,335 7,116 
Less: Current portion of lease obligation(3,663)(2,178)
Total long-term lease obligation$9,672 $4,938 
The following table provides maturities of undiscounted lease liabilities at December 31, 2020 (in thousands):
Finance Operating
LeaseLease
2021$4,496 $2,343 
20223,562 2,002 
20232,764 1,821 
20241,969 1,700 
20252,992 222 
Thereafter802 675 
Total lease payments16,585 8,763 
Less: Interest(966)(713)
Present value of lease liabilities15,619 8,050 
Less: Current portion of lease obligation(4,112)(2,050)
Total long-term lease obligation$11,507 $6,000