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LEASES (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Leases Balance Sheet Information
Balance sheet information related to leases was as follows (in thousands):
 December 31, 2022December 31, 2021
Operating leases: 
Operating lease ROU assets$15,314 $15,073 
Operating lease liabilities$17,070 $16,676 
Additional information related to leases was as follows:
 December 31, 2022December 31, 2021
Weighted average remaining lease term (in years)13.814.9
Weighted average discount rate2.98 %2.90 %
Lease Expense
The components of lease cost were as follows (in thousands):
Years Ended December 31,
202220212020
Operating lease cost$1,773 $1,811 $2,193 


Supplemental cash flow information related to leases was as follows (in thousands):
 Years Ended December 31,
202220212020
Cash paid for amounts included in the measurement of the lease liabilities:
Operating cash flows for operating leases$1,644 $2,016 $1,479 
ROU assets obtained in exchange for new operating lease liabilities (1)
$1,531 $1,330 $7,912 
(1)For the year ended December 31, 2021, the ROU assets obtained were primarily due to one lease that commenced in January 2021 with an initial ROU asset of $1.1 million. For the year ended December 31, 2020, the ROU assets obtained were primarily due to one lease that commenced in May 2020 with an initial ROU asset of $6.6 million.
Lessee, Operating Lease, Liability, Maturity Future minimum rental commitments due under non-cancelable operating leases at December 31, 2022 were as follows (in thousands):
Year ending December 31,
2023$1,559 
20241,617 
20251,619 
20261,598 
20271,494 
2028 and thereafter13,098 
Total lease payments20,985 
Less: Interest(3,915)
Present value of lease liabilities$17,070 
Gross Rental Income
Gross rental income from these leases were as follows (in thousands):
 Years Ended December 31,
202220212020
Gross rental income$3,173 $3,288 $3,277 
Lessor, Operating Lease, Payments to be Received, Maturity
At December 31, 2022, non-cancelable operating leases with future minimum lease payments are as follows (in thousands):
Year ending December 31,
2023$3,290 
20242,656 
20252,041 
20261,760 
20271,014 
2028 and thereafter1,059 
Total lease payments$11,820