LEASES (Tables)

3 Months Ended

Mar. 31, 2022

Leases [Abstract]

Assets And Liabilities, Lessee

The following table shows the classification and location of our right-of-use assets and lease liabilities on our Consolidated Balance Sheets (in thousands):

Leases	Consolidated Balance Sheets Classification	March 31, 2022		December 31, 2021
Right of use asset
Operating	Other non-current assets	$	13,437	$	10,166
Finance	Property, plant and equipment, net	57,589		57,883
Total leased assets		$	71,026	$	68,049
Liabilities
Current
Operating	Accrued and other liabilities	$	2,365	$	2,147
Finance	Accrued and other liabilities	134		132
Non-Current
Operating	Other non-current liabilities	12,553		9,563
Finance	Other non-current liabilities	50,068		50,103
Total leased liabilities		$	65,120	$	61,945

Other information about lease amounts recognized in our Consolidated Financial Statements is as follows:

	March 31, 2022
Lease term and discount rate
Weighted average remaining lease term (years)
Operating lease	5.2
Finance lease	49.2
Weighted average discount rate
Operating lease	6.1	%
Finance lease	9.4	%

Schedule of Lease, Cost

Lease costs recognized in our Consolidated Statements of Operations is summarized as follows (in thousands):

	Three months ended
Lease Costs	2022		2021
Operating lease cost	$	685	$	724
Finance lease cost
Amortization of lease assets	294		100
Interest on lease liabilities	994		456
Finance lease cost	$	1,288	$	556
Total lease cost	$	1,973	$	1,280

The following table includes other quantitative information for our operating and finance leases (in thousands):

	Three months ended March 31,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	743	$	724
Operating cash flows from finance leases	$	—	$	—
Financing cash flows from finance leases	$	—	$	—

Schedule of Finance Lease, Liability, Maturity

The table below presents a maturity analysis of our lease liability on an undiscounted basis and reconciles those amounts to the present value of the lease liability as of March 31, 2022 (in thousands):

	Operating		Finance
2022	$	2,350	$	3,083
2023	3,316		4,111
2024	3,359		4,111
2025	3,401		4,111
2026	3,423		4,111
After 2026	1,633		182,222
Total lease payments	$	17,482	$	201,749
Less: discount	2,564		151,547
Present value of lease liability	$	14,918	$	50,202

Schedule of Operating Lease Maturity

The table below presents a maturity analysis of our lease liability on an undiscounted basis and reconciles those amounts to the present value of the lease liability as of March 31, 2022 (in thousands):

	Operating		Finance
2022	$	2,350	$	3,083
2023	3,316		4,111
2024	3,359		4,111
2025	3,401		4,111
2026	3,423		4,111
After 2026	1,633		182,222
Total lease payments	$	17,482	$	201,749
Less: discount	2,564		151,547
Present value of lease liability	$	14,918	$	50,202