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Leases (Tables) | 12 Months Ended
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Dec. 31, 2024
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, |
|  | 2024 |  |  | 2023 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |
Operating cash flows from operating leases |  | $ | 6,035 |  |  | $ | 6,441 |
Right of use assets obtained in exchange for lease obligations: |  |  |  |  |  |
Operating leases |  | $ | 6,248 |  |  | $ | 10,058 |
Summary of Maturities of Operating Lease Liabilities | As of December 31, 2024, maturities of operating lease liabilities were as follows:
(in thousands) |  |  |
Year ended December 31, |  |  |
2025 |  | $ | 5,735 |
2026 |  |  | 3,063 |
2027 |  |  | 2,042 |
2028 |  |  | 1,355 |
2029 |  |  | 541 |
Thereafter |  |  | 894 |
Total lease payments |  |  | 13,630 |
Less: imputed interest |  |  | (1,013 | )
|  | $ | 12,617 |
Summary of Maturities of Operating Lease Payments | As of December 31, 2024, maturities of operating lease payments to be received in 2025 and thereafter were as follows:
(in thousands) |  |  |
Year Ended December 31, |  |  |
2025 |  | $ | 177,149 |
2026 |  |  | 65,257 |
2027 |  |  | 27,516 |
2028 |  |  | 11,405 |
2029 |  |  | 3,838 |
Thereafter |  |  | 943 |
|  | $ | 286,108 |
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, 2024 |
Gross minimum lease payments receivable |  | $ | 8,543 |
Less – unearned interest |  |  | (1,874 | )
Net investment in finance lease receivables |  | $ | 6,669 |
Future Minimum Lease Payments under Non-Cancelable Finance Leases | As of December 31, 2024, the future minimum lease payments under non-cancelable finance leases to be received in 2025 and thereafter were as follows:
(in thousands) |  |  |
Year Ended December 31, |  |  |
2025 |  | $ | 2,541 |
2026 |  |  | 1,251 |
2027 |  |  | 1,012 |
2028 |  |  | 1,063 |
2029 |  |  | 802 |
Total minimum future lease payments to be received |  | $ | 6,669 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-12 + Details
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- Definition Tabular disclosure of maturity of undiscounted cash flows to be received on annual basis for sales-type and direct financing leases receivable. Includes, but is not limited to, reconciliation to lease receivable recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-10 + Details
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