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Leases (Tables) | 9 Months Ended
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Sep. 30, 2024
Leases [Abstract] |
Schedule of Supplemental Balance Sheet Information Related to Leases | Information related to leases included in the Condensed Consolidated Balance Sheets was as follows (in thousands, except lease term and discount rate):
Operating leases: | September 30, 2024 |  | December 31, 2023
Operating lease right-of-use assets, net | $ | 41,206 |  |  | $ | 43,822 |
Current maturities of operating leases | $ | 4,513 |  |  | $ | 3,395 |
Non-current maturities of operating leases | 41,440 |  |  | 43,977 |
Total operating lease liabilities | $ | 45,953 |  |  | $ | 47,372 |
Finance leases: |  |  |
Property and equipment, at cost | $ | 7,218 |  |  | $ | 6,862 |
Accumulated amortization | (3,637) |  |  | (3,136) |
Property and equipment, net | $ | 3,581 |  |  | $ | 3,726 |
Current maturities of finance leases | $ | 650 |  |  | $ | 582 |
Non-current maturities of finance leases | 3,194 |  |  | 3,405 |
Total finance lease liabilities | $ | 3,844 |  |  | $ | 3,987 |
Weighted average remaining lease term (in years): |  |  |
Operating leases | 9.8 |  | 10.4
Finance leases | 5.9 |  | 6.8
Weighted average discount rate: |  |  |
Operating leases | 6.3% |  | 6.3%
Finance leases | 2.3% |  | 2.2%
Schedule of Lease Costs | A summary of lease expenses for our finance and operating leases included in General, administrative, and marketing expenses on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) was as follows (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Amortization of property and equipment | $ | 159 |  |  | $ | 136 |  |  | $ | 468 |  |  | $ | 400 |
Interest expense on finance leases | 22 |  |  | 20 |  |  | 67 |  |  | 62 |
Total finance lease expense | 181 |  |  | 156 |  |  | 535 |  |  | 462 |
Operating lease expense | 1,963 |  |  | 1,836 |  |  | 5,860 |  |  | 5,467 |
Sublease income | (133) |  |  | (87) |  |  | (332) |  |  | (101) |
Total lease expense | $ | 2,011 |  |  | $ | 1,905 |  |  | $ | 6,063 |  |  | $ | 5,828 |
A summary of our cash flow information related to leases was as follows (in thousands):
| Nine Months Ended September 30,
Cash paid for amounts included in the measurement of lease liabilities: | 2024 |  | 2023
Operating cash flows for operating leases | $ | 5,798 |  |  | $ | 5,422 |
Financing cash flows for finance leases | 469 |  |  | 396 |
Operating cash flows for finance leases | 67 |  |  | 62 |
Schedule of Lessee, Operating Lease, Liability, Maturity | Future minimum lease payments are as follows (in thousands):
| Finance Leases |  | Operating Leases
Remainder of 2024 | $ | 183 |  |  | $ | 1,546 |
2025 | 721 |  |  | 7,516 |
2026 | 700 |  |  | 6,976 |
2027 | 688 |  |  | 6,288 |
2028 | 652 |  |  | 5,934 |
Thereafter | 1,155 |  |  | 34,021 |
Total minimum lease payments | 4,099 |  |  | 62,281 |
Less amount representing interest | (255) |  |  | (16,328) |
Present value of net minimum lease payments | 3,844 |  |  | 45,953 |
Less current maturities | (650) |  |  | (4,513) |
Lease liabilities, less current maturities | $ | 3,194 |  |  | $ | 41,440 |
Schedule of Finance Lease, Liability, Fiscal Year Maturity | Future minimum lease payments are as follows (in thousands):
| Finance Leases |  | Operating Leases
Remainder of 2024 | $ | 183 |  |  | $ | 1,546 |
2025 | 721 |  |  | 7,516 |
2026 | 700 |  |  | 6,976 |
2027 | 688 |  |  | 6,288 |
2028 | 652 |  |  | 5,934 |
Thereafter | 1,155 |  |  | 34,021 |
Total minimum lease payments | 4,099 |  |  | 62,281 |
Less amount representing interest | (255) |  |  | (16,328) |
Present value of net minimum lease payments | 3,844 |  |  | 45,953 |
Less current maturities | (650) |  |  | (4,513) |
Lease liabilities, less current maturities | $ | 3,194 |  |  | $ | 41,440 |

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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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