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Leases (Tables)
3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Schedule of Rent Expense of Operating Leases

The following table presents rent expense for all operating leases, including those rented on a monthly or temporary basis as of the periods indicated:

 

 

 

Three Months Ended
March 31,

 

 

 

2022

 

 

2021

 

 

 

(Dollars in thousands)

 

Rental expense

 

$

425

 

 

$

503

 

Schedule of Minimum Future Commitments of Operating Leases

The following table presents minimum future commitments by year for the Company’s operating leases. Such commitments are reflected as undiscounted values and are reconciled to the discounted present value recognized on the balance sheet.

 

 

 

March 31, 2022

 

 

 

(Dollars in thousands)

 

2022 (nine months)

 

$

1,085

 

2023

 

 

1,106

 

2024

 

 

742

 

2025

 

 

687

 

2026

 

 

597

 

Thereafter

 

 

1,402

 

Total lease payments

 

 

5,619

 

Less imputed Interest

 

 

(731

)

Operating lease liability

 

$

4,888

 

Scheduled of Minimum Future Contractual Rent To be Received Under The Remaining Non-Cancelable Term of Operating Leases The following table presents the scheduled minimum future contractual rent to be received under the remaining non-cancelable term of the operating leases:

 

 

 

March 31, 2022

 

 

 

(Dollars in thousands)

 

2022 (nine months)

 

$

2,741

 

2023

 

 

2,956

 

2024

 

 

2,886

 

2025

 

 

2,197

 

2026

 

 

1,847

 

2027-2031

 

 

3,559

 

Total future minimum lease payments

 

$

16,186