ACCOUNTING FOR LEASES (Tables)

12 Months Ended

Dec. 31, 2022

ACCOUNTING FOR LEASES

Schedule of information related to the lease costs

The table below presents information related to the lease costs for operating leases during 2022 and 2021 (in thousands):

	Year ended December 31,
	2022		2021		2020
Short-term lease costs	$	287	$	382	$	451
Long-term lease costs		1,405		1,432		1,444
Total lease costs	$	1,692	$	1,814	$	1,895

Schedule of future minimum lease payments

Following is the undiscounted cash flow for the next five years and total of the remaining years to the operating lease liabilities recorded on the balance sheet (in thousands):

	Operating
	Leases
Year ending December 31,
2023	$	1,219
2024		1,229
2025		1,152
2026		1,072
2027		1,072
Thereafter		14,796
Total minimum lease payments		20,540
Less: amount of lease payment representing interest		(6,673)
Present value of future minimum payments		13,867
Less: current obligations under leases		(639)
Long-term lease obligations	$	13,228