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Leases | 3 Months Ended
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Mar. 31, 2023
Leases [Abstract] |
Leases | 10. Leases Operating and Financing Leases — We determine whether a contract contains a lease at contract inception. Lease liabilities are calculated using a discount rate based on our incremental borrowing rate at lease commencement. We have operating lease agreements primarily related to cell sites and office space. Certain cell site and office space leases have renewal option terms that have been deemed reasonably certain to be exercised. These renewal options extend a lease by up to 15 years. We recognize operating lease expense on a straight-line basis over the lease term. As of March 31, 2023, there were no significant leases which had not commenced. The following is a summary of our lease expense included in the Unaudited Condensed Consolidated Statements of Operations (in thousands):
|  | For the Three Months Ended March 31, |
|  | 2023 |  |  | 2022 |
Operating lease cost |  | $ | 3,938 |  |  | $ | 3,546 |
Financing lease cost: |  |  |  |  |  |
Amortization of leased assets |  |  | 39 |  |  |  | 38 |
Interest on lease liabilities |  |  | 5 |  |  |  | 13 |
Total lease cost |  | $ | 3,982 |  |  | $ | 3,597 |
Other information regarding our leases is as follows (in thousands, except lease terms and discount rates):
|  | For the Three Months Ended March 31, |
|  | 2023 |  |  | 2022 |
Supplemental cash flow information |  |  |  |  |  |
Cash paid for amounts included in measurement of lease liabilities: |  |  |  |  |  |
Operating cash flows used in operating leases |  | $ | 3,969 |  |  | $ | 3,496 |
Operating cash flows used in financing leases |  | $ | 5 |  |  | $ | 13 |
Financing cash flows used in financing leases |  | $ | 57 |  |  | $ | 43 |
Non-cash items: |  |  |  |  |  |
Operating leases obtained |  | $ | 718 |  |  | $ | 2,269 |
Financing leases obtained |  | $ | — |  |  | $ | — |
Weighted average remaining lease term |  |  |  |  |  |
Operating leases |  | 8 years |  |  | 9 years |
Financing leases |  | 1 year |  |  | 1 year |
Weighted average discount rate |  |  |  |  |  |
Operating leases |  |  | 6.7 | % |  |  | 6.9 | %
Financing leases |  |  | 16.6 | % |  |  | 17.9 | %
Annual future minimum lease payments as of March 31, 2023 (in thousands):
Years ending December 31, |  | Operating Leases |  |  | Financing Leases |
2023 (period from April 1 to December 31) |  | $ | 10,877 |  |  | $ | 79 |
2024 |  |  | 15,256 |  |  |  | 4 |
2025 |  |  | 14,402 |  |  |  | 2 |
2026 |  |  | 14,229 |  |  |  | — |
2027 |  |  | 13,377 |  |  |  | — |
Thereafter |  |  | 42,644 |  |  |  | — |
Total future minimum lease payments |  |  | 110,785 |  |  |  | 85 |
Less: Amount representing interest |  |  | (24,075 | ) |  |  | (4 | )
Present value of net minimum lease payments |  | $ | 86,710 |  |  | $ | 81 |
Reported as of March 31, 2023 |  |  |  |  |  |
Accrued liabilities |  | $ | 9,445 |  |  | $ | 76 |
Non-current operating lease liabilities |  |  | 77,265 |  |  |  | — |
Other non-current liabilities |  |  | — |  |  |  | 5 |
Total lease liabilities |  | $ | 86,710 |  |  | $ | 81 |

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- References No definition available. + Details
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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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
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