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Leases (Tables)
3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Schedule of Components of Lease Expense and Other lease Information

For the Three Months

Ended March 31,

(in thousands)

 

2023

 

2022

 

Operating lease cost

$

1,269

$

1,158

Variable lease cost

438

348

Sublease income

(139)

(139)

Total lease cost

$

1,568

$

1,367

Cash paid for amounts included in measurement of lease liabilities

Operating cash outflows from operating leases

$

1,398

$

1,322

ROU assets obtained in exchange for new operating lease liabilities

$

41

$

Reduction to ROU assets resulting from reduction to lease liabilities

$

200

$

Other non-cash reductions to ROU assets

$

$

73

(in thousands)

 

March 31, 2023

 

December 31, 2022

Operating lease ROU assets

$

11,412

$

12,766

Operating lease liabilities

$

12,980

$

14,499

Weighted-average remaining lease term - operating leases

4.17

years 

4.21

years

Weighted-average discount rate - operating leases

2.10

%

2.11

%

Schedule of Future Minimum Lease Payments under Non-cancellable Leases

(in thousands)

 

March 31, 2023

2023

$

4,018

2024

3,586

2025

2,224

2026

1,311

2027

826

2028

704

Thereafter

883

Total future minimum lease payments

$

13,552

Less imputed interest

(572)

Total operating lease liability

$

12,980