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Leases (Tables)
 3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Lease, Cost
The following table provides the components of lease expense for the periods indicated (in thousands):

Three Months Ended
March 31,
20242023
Finance lease cost:
Amortization of ROU assets$1,874 $1,774 
Interest on lease liabilities343 238 
Operating lease cost856 878 
Short-term lease cost3,475 3,698 
Variable lease cost21 5 
Total lease expense$6,569 $6,593 

The following table provides supplemental cash flow and other information related to leases for the periods indicated (in thousands):
Three Months Ended
March 31,
20242023
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases (1)
$800 $777 
Operating cash flows from finance leases (1)
343 224 
Financing cash flows from finance leases1,553 1,576 
ROU assets obtained in exchange for new lease liabilities:
Finance leases— 9,007 
Operating leases296 401 
______________
(1)Amounts are included in Other operating activities on the unaudited condensed consolidated statements of cash flows.

The following table provides the lease terms and discount rates for the periods indicated:

Three Months Ended
March 31,
20242023
Weighted-average remaining lease term (years):
Finance leases3.363.89
Operating leases2.803.32
Weighted-average discount rate:
Finance leases5.6%4.6%
Operating leases4.5%4.1%
Assets and Liabilities, Lessee
The following table provides supplemental balance sheet information related to leases at the dates indicated (in thousands):

March 31,December 31,
20242023
Assets
Finance lease ROU assets (1)
$23,039 $24,681 
Operating lease ROU assets5,385 5,832 
Liabilities
Current
Finance lease liabilities6,251 6,206 
Operating lease liabilities2,508 2,829 
Noncurrent
Finance lease liabilities18,087 19,685 
Operating lease liabilities2,883 3,006 
______________
(1)Amounts are included in Property and equipment, net on the unaudited condensed consolidated balance sheets.
Schedule of Lessee, Operating Lease, Liability, Maturity
The following table provides maturities of undiscounted lease liabilities at March 31, 2024 (in thousands):

Finance Operating
LeaseLease
Remainder of 2024$5,568 $2,311 
20257,284 1,395 
20265,615 1,136 
20276,047 615 
20282,785 219 
Thereafter— 19 
Total lease payments27,299 5,695 
Less: Interest(2,961)(304)
Present value of lease liabilities24,338 5,391 
Less: Current portion of lease obligation(6,251)(2,508)
Total long-term lease obligation$18,087 $2,883 
The following table provides maturities of undiscounted lease liabilities at December 31, 2023 (in thousands):
Finance Operating
LeaseLease
2024$7,463 $3,009 
20257,284 1,273 
20265,615 1,047 
20276,047 602 
20282,789 219 
Thereafter— 18 
Total lease payments29,198 6,168 
Less: Interest(3,307)(333)
Present value of lease liabilities25,891 5,835 
Less: Current portion of lease obligation(6,206)(2,829)
Total long-term lease obligation$19,685 $3,006 
Schedule of Finance Lease, Liability, Maturity
The following table provides maturities of undiscounted lease liabilities at March 31, 2024 (in thousands):

Finance Operating
LeaseLease
Remainder of 2024$5,568 $2,311 
20257,284 1,395 
20265,615 1,136 
20276,047 615 
20282,785 219 
Thereafter— 19 
Total lease payments27,299 5,695 
Less: Interest(2,961)(304)
Present value of lease liabilities24,338 5,391 
Less: Current portion of lease obligation(6,251)(2,508)
Total long-term lease obligation$18,087 $2,883 
The following table provides maturities of undiscounted lease liabilities at December 31, 2023 (in thousands):
Finance Operating
LeaseLease
2024$7,463 $3,009 
20257,284 1,273 
20265,615 1,047 
20276,047 602 
20282,789 219 
Thereafter— 18 
Total lease payments29,198 6,168 
Less: Interest(3,307)(333)
Present value of lease liabilities25,891 5,835 
Less: Current portion of lease obligation(6,206)(2,829)
Total long-term lease obligation$19,685 $3,006