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Leases (Tables)
9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Components of Lease Costs
The components of lease costs were as follows:

ClassificationThree Months Ended
September 30,
Nine Months Ended
September 30,
(in thousands)2023202220232022
Finance lease cost
Amortization of leased assetsDepreciation$120 $119 $358 $357 
Interest on lease liabilitiesInterest expense20 21 59 63 
Operating lease cost
Operating expense1
1,693 2,680 5,298 8,342 
Lease cost$1,833 $2,820 $5,715 $8,762 
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(1)Operating lease expense is presented in cost of service or selling, general and administrative expense based on the use of the relevant facility.
Other information related to operating and finance leases was as follows:

September 30,
2023
December 31,
2022
Operating leases
Weighted average remaining lease term (years)19.319.8
Weighted average discount rate4.9 %4.5 %
Finance leases
Weighted average remaining lease term (years)12.613.1
Weighted average discount rate5.2 %5.2 %

Three Months Ended
September 30,
Nine Months Ended
September 30,
(in thousands)2023202220232022
Cash paid for operating lease liabilities$1,662 $1,513 $4,843 $4,616 
Operating lease right-of-use assets obtained in exchange for new lease liabilities (includes new leases or modification of existing leases)508 1,213 2,229 3,283 
Schedule of Expected Maturity of Lease Liabilities, Operating The following table summarizes the expected maturity of lease liabilities as of September 30, 2023:
(in thousands)Operating LeasesFinance LeasesTotal
2023$1,265 $20 $1,285 
20245,862 178 6,040 
20255,529 180 5,709 
20264,682 153 4,835 
20273,854 155 4,009 
2028 and thereafter66,096 1,359 67,455 
Total lease payments87,288 2,045 89,333 
Less: Interest(34,660)(545)(35,205)
Present value of lease liabilities$52,628 $1,500 $54,128 
Schedule of Expected Maturity of Lease Liabilities, Financing The following table summarizes the expected maturity of lease liabilities as of September 30, 2023:
(in thousands)Operating LeasesFinance LeasesTotal
2023$1,265 $20 $1,285 
20245,862 178 6,040 
20255,529 180 5,709 
20264,682 153 4,835 
20273,854 155 4,009 
2028 and thereafter66,096 1,359 67,455 
Total lease payments87,288 2,045 89,333 
Less: Interest(34,660)(545)(35,205)
Present value of lease liabilities$52,628 $1,500 $54,128 
Schedule of Minimum Rental Receipts Under Lease Agreement Lessor, Operating Leases
Below is a summary of our minimum rental receipts under the lease agreements in place as of September 30, 2023:
(in thousands)Operating Leases
2023$4,311 
202416,206 
202515,126 
202612,086 
202710,596 
2028 and thereafter25,199 
Total $83,524