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Leases
6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Leases

Note 10 – Leases

Related Party Leases

The Company has various lease obligations with related parties for trucks, office space and terminals expiring at various dates through January 2029. During the six months ended June 30, 2021 and 2020 the Company incurred approximately $0.7 million and $0.8 million of related party lease costs, respectively. During the three months ended June 30, 2021 and 2020 the Company incurred approximately $0.4 million and $0.4 million of related party lease costs, respectively. At June 30, 2021 and December 31, 2020, the Company had the following balances recorded in the condensed consolidated balance sheets related to its lease arrangements with related parties:

 

($ in thousands)

 

Classification

 

June 30,
2021

 

 

December 31,
2020

 

Assets

 

 

 

 

 

 

 

 

Operating leases

 

Right-of-use-asset

 

$

2,729

 

 

$

3,300

 

Finance leases

 

Right-of-use-asset

 

 

2

 

 

 

444

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Current:

 

 

 

 

 

 

 

 

Operating leases

 

Operating lease liabilities, current portion

 

 

1,194

 

 

 

1,118

 

Finance leases

 

Finance lease liabilities, current portion

 

 

24

 

 

 

71

 

 

 

 

 

 

 

 

 

 

Non-current:

 

 

 

 

 

 

 

 

Operating leases

 

Operating lease liabilities, less current portion

 

 

1,351

 

 

 

1,956

 

Finance leases

 

Finance lease liabilities, less current portion

 

 

 

 

 

414