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Leases (Tables)
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Schedule of supplemental balance sheet information
Supplemental balance sheet information related to leases was as follows:
LeasesClassificationDecember 31, 2021December 31, 2020
(in thousands, except lease term and discount rate)
Assets
Operating lease right-of-use assetsOther assets$6,067 $3,784 
Total leased assets$6,067 $3,784 
Liabilities
Operating lease right-of-use liabilitiesAccounts payable and accrued expenses$5,206 $3,873 
Total lease liabilities$5,206 $3,873 
Weighted average remaining lease term (years)
Operating leases6.494.20
Weighted average discount rate
Operating leases3.4 %3.1 %
Schedule of future maturities operating lease liabilities
Future maturities of the Company’s operating lease liabilities at December 31, 2021 are as follows:
Year(in thousands)
2022$1,056 
2023901 
2024812 
2025793 
2026790 
Thereafter1,562 
Total lease payments5,914 
Less: interest(708)
Total lease liabilities$5,206 
Schedule of future minimum lease payments under noncancelable operating leases
The following table represents future minimum lease payments under non-cancelable operating leases at December 31, 2021:
Year(in thousands)
2022$1,071 
2023904 
2024812 
2025793 
2026790 
Thereafter1,562 
$5,932 
Schedule of components lease expense
The components of lease expense were as follows:
Years Ended December 31,
Lease expenseClassification20212020
(in thousands)
Operating lease costGeneral and administrative$1,239 $1,141 
Net lease cost$1,239 $1,141 

Supplemental cash flow information related to leases was as follows:
Years Ended December 31,
20212020
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,446 $1,083 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$4,131 $705