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Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Summary of Supplemental Cash flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:

 

(in thousands)

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

   Operating cash flows from operating leases

 

$

6,441

 

 

$

5,863

 

 

 

 

 

 

 

 

Right of use assets obtained in exchange for lease obligations:

 

 

 

 

 

 

   Operating leases

 

$

10,058

 

 

$

3,284

 

Summary of Maturities of Operating Lease Liabilities

As of December 31, 2023, maturities of operating lease liabilities were as follows:

 

(in thousands)

 

 

 

Year ended December 31,

 

 

 

2024

 

$

6,857

 

2025

 

 

4,940

 

2026

 

 

2,282

 

2027

 

 

575

 

2028

 

 

270

 

Thereafter

 

 

1,119

 

   Total lease payments

 

 

16,043

 

Less: imputed interest

 

 

(1,270

)

 

 

$

14,773

 

Summary of Maturities of Operating Lease Payments

As of December 31, 2023, maturities of operating lease payments to be received in 2024 and thereafter were as follows:

 

(in thousands)

 

 

 

Year Ended December 31,

 

 

 

2024

 

$

174,339

 

2025

 

 

59,505

 

2026

 

 

21,986

 

2027

 

 

9,738

 

2028

 

 

2,335

 

Thereafter

 

 

1,097

 

 

 

$

269,000

 

Minimum Lease Payments Receivable and Net Investment Included in Accounts Receivable for Leases The minimum lease payments receivable and the net investment are included in Accounts receivable on the Company’s Consolidated Balance Sheet for such leases, which were as follows:

(in thousands)

 

December 31, 2023

 

Gross minimum lease payments receivable

 

$

4,004

 

Less – unearned interest

 

 

(352

)

Net investment in finance lease receivables

 

$

3,652

 

Future Minimum Lease Payments under Non-Cancelable Finance Leases

As of December 31, 2023, the future minimum lease payments under non-cancelable finance leases to be received in 2024 and thereafter were as follows:

 

 

(in thousands)

 

 

 

Year Ended December 31,

 

 

 

2024

 

$

2,243

 

2025

 

 

884

 

2026

 

 

429

 

2027

 

 

96

 

Total minimum future lease payments to be received

 

$

3,652