LEASES (Tables)

9 Months Ended

Sep. 30, 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	September 30, 2022		December 31, 2021
Right of use asset
Operating	Other non-current assets	$	13,932	$	10,166
Finance	Property, plant and equipment, net	57,002		57,883
Total leased assets		$	70,934	$	68,049
Liabilities
Current
Operating	Accrued and other liabilities	$	2,570	$	2,147
Finance	Accrued and other liabilities	138		132
Non-Current
Operating	Other non-current liabilities	12,771		9,563
Finance	Finance lease liabilities	49,998		50,103
Total leased liabilities		$	65,477	$	61,945

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

	September 30, 2022
Lease term and discount rate
Weighted average remaining lease term (years)
Operating lease	4.8
Finance lease	48.7
Weighted average discount rate
Operating lease	6.2	%
Finance lease	9.4	%

Schedule of Lease, Cost

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

	Nine months ended
Lease costs	2022		2021
Operating lease cost	$	2,247	$	2,056
Finance lease cost
Amortization of lease assets	881		494
Interest on lease liabilities	2,983		1,908
Finance lease cost	$	3,864	$	2,402
Total lease cost	$	6,111	$	4,458

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

	Nine Months Ended September 30,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,545	$	2,173
Operating cash flows from finance leases	$	2,868	$	1,007
Financing cash flows from finance leases	$	1	$	1,862

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 September 30, 2022 (in thousands):

	Operating		Finance
2022	$	822	$	1,229
2023	3,579		4,111
2024	3,843		4,111
2025	3,886		4,111
2026	3,908		4,111
After 2026	1,936		182,222
Total lease payments	$	17,974	$	199,895
Less: discount	2,633		149,759
Present value of lease liability	$	15,341	$	50,136

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 September 30, 2022 (in thousands):

	Operating		Finance
2022	$	822	$	1,229
2023	3,579		4,111
2024	3,843		4,111
2025	3,886		4,111
2026	3,908		4,111
After 2026	1,936		182,222
Total lease payments	$	17,974	$	199,895
Less: discount	2,633		149,759
Present value of lease liability	$	15,341	$	50,136