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v3.23.2

Leases | 6 Months Ended
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Jun. 30, 2023
Leases [Abstract] |
Leases | Note 12. Leases As of June 30, 2023 and December 31, 2022, operating lease right of use assets were $21.2 million and $21.7 million, respectively, and operating lease liabilities were $21.9 million and $22.3 million, respectively. The following table presents the components of the Company’s lease expense: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended |  | Six Months Ended
​ |  | June 30, |  | June 30,
​ | ​ | 2023 |  | 2022 | ​ | 2023 |  | 2022
Operating lease cost | ​ | $ | 951 | ​ | $ | 803 | ​ | $ | 1,855 | ​ | $ | 1,425
Variable lease cost | ​ |  | 49 | ​ |  | 31 | ​ |  | 104 | ​ |  | 76
Operating lease expense | ​ |  | 1,000 | ​ |  | 834 | ​ | $ | 1,959 | ​ | $ | 1,501
​ The following table presents supplemental lease information: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | June 30, | ​ | June 30,
​ | ​ | 2023 | ​ | 2022 | ​ | 2023 | ​ | 2022
Operating cash outflows for operating leases | ​ | $ | 920 | ​ | $ | 719 | ​ | $ | 1,794 | ​ | ​ | $ | 719 | ​
Right of use assets exchanged for new operating lease liabilities | ​ | $ | — | ​ | $ | — | ​ | $ | 682 | ​ | ​ | $ | 8,784 | ​
Weighted-average remaining lease term – operating leases | ​ |  | 7.9 | ​ |  | 9.3 | ​ |  | 7.9 | ​ | ​ |  | 9.3 | ​
Weighted-average discount rate – operating leases | ​ |  | 6.6 | % |  | 6.5 | % |  | 6.6 | % | ​ |  | 6.5 | %
​ The following table represents our future minimum operating lease payments as of June 30, 2023: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Ground lease |  | Office and other leases |  | Total
Remainder of 2023 | ​ | $ | 970 | ​ | $ | 862 | ​ | $ | 1,832
2024 | ​ |  | 1,998 | ​ |  | 1,701 | ​ |  | 3,699
2025 | ​ | ​ | 2,058 | ​ | ​ | 1,347 | ​ | ​ | 3,405
2026 | ​ |  | 2,119 | ​ |  | 1,273 | ​ |  | 3,392
2027 | ​ |  | 2,183 | ​ |  | 1,148 | ​ |  | 3,331
Thereafter | ​ |  | 9,618 | ​ |  | 3,227 | ​ |  | 12,845
Total undiscounted lease payments | ​ |  | 18,946 | ​ |  | 9,558 | ​ |  | 28,504
Less present value discount | ​ |  | (5,719) | ​ |  | (932) | ​ |  | (6,651)
Present value of lease liabilities | ​ | $ | 13,227 | ​ | $ | 8,626 | ​ | $ | 21,853
​ In July 2023, the Company entered into a five-year office space lease, which will result in the recognition of approximately $0.6 million of operating lease right of use assets and operating lease liabilities in the third quarter of 2023.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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