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LEASES

3 Months Ended

Mar. 31, 2022

Leases [Abstract]

LEASES

LEASES

Our lease obligations consist of operating and finance leases related to real estate and equipment. The components of lease cost are as follows (in thousands):

									Three months ended March 31,
			Income Statement Classification						2021						2022
Operating lease cost			Facilities and grounds expense(1)						$	960					$	848
Short-term lease cost			Facilities and grounds expense(1)						49						102
Variable lease cost			Facilities and grounds expense(1)						41						7
Finance lease cost:
Depreciation of leased assets			Depreciation and amortization(2)						$	108					$	108
Interest on lease liabilities			Interest expense						120						113
Total finance lease cost									228						221
Total lease cost									$	1,278					$	1,178

(1)			Facilities and grounds expense is included within Cost of service and General, administrative and other on our Consolidated Statements of Operations.
(2)			Depreciation and amortization expense is included within Field depreciation and General, administrative and other on our Consolidated Statements of Operations.

Supplemental cash flow information related to our leases is as follows (in thousands):

			Three months ended March 31,
			2021						2022
Cash paid for operating leases included in operating activities			$	965					$	897
Cash paid for finance leases included in financing activities			209						213

Right-of-use assets obtained in exchange for new leases is as follows (in thousands):

			Three months ended March 31,
			2021						2022
Right-of-use assets obtained in exchange for new operating lease liabilities			$	56					$	178
Right-of-use assets obtained in exchange for new finance lease liabilities			—						—

Supplemental balance sheet information related to leases is as follows (in thousands):

Lease Type			Balance Sheet Classification			December 31, 2021						March 31, 2022
Operating lease right-of-use assets			Operating lease right-of-use assets			$	17,881					$	17,622
Finance lease right-of-use assets			Property, plant and equipment, net			$	6,770					$	6,770
Accumulated depreciation			Property, plant and equipment, net			(2,443)						(2,551)
Finance lease right-of-use assets, net						$	4,327					$	4,219
Operating lease current liabilities			Current portion of operating lease obligations			$	1,913					$	1,950
Finance lease current liabilities			Current portion of finance lease obligations			375						393
Total current lease liabilities						$	2,288					$	2,343
Operating lease non-current liabilities			Obligations under operating leases, net of current portion			$	18,520					$	18,181
Finance lease non-current liabilities			Obligations under finance leases, net of current portion			5,157						5,052
Total non-current lease liabilities						$	23,677					$	23,233
Total lease liabilities						$	25,965					$	25,576

The average lease terms and discount rates at March 31, 2022 are as follows:

			Weighted-average remaining lease term (years)						Weighted-average discount rate
Operating leases			9.5						8.1		%
Finance leases			12.1						8.2		%

The aggregate future lease payments for operating and finance leases at March 31, 2022 are as follows (in thousands):

			Operating						Finance
Lease payments due:
Remainder of 2022			$	2,633					$	655
2023			3,404						860
2024			3,377						791
2025			3,174						736
2026			3,136						745
Thereafter			13,059						4,810
Total lease payments			28,783						8,597
Less: Interest			(8,652)						(3,152)
Present value of lease liabilities			$	20,131					$	5,445

At March 31, 2022, we had no additional significant operating or finance leases that had not yet commenced.

LEASES

LEASES

Our lease obligations consist of operating and finance leases related to real estate and equipment. The components of lease cost are as follows (in thousands):

									Three months ended March 31,
			Income Statement Classification						2021						2022
Operating lease cost			Facilities and grounds expense(1)						$	960					$	848
Short-term lease cost			Facilities and grounds expense(1)						49						102
Variable lease cost			Facilities and grounds expense(1)						41						7
Finance lease cost:
Depreciation of leased assets			Depreciation and amortization(2)						$	108					$	108
Interest on lease liabilities			Interest expense						120						113
Total finance lease cost									228						221
Total lease cost									$	1,278					$	1,178

(1)			Facilities and grounds expense is included within Cost of service and General, administrative and other on our Consolidated Statements of Operations.
(2)			Depreciation and amortization expense is included within Field depreciation and General, administrative and other on our Consolidated Statements of Operations.

Supplemental cash flow information related to our leases is as follows (in thousands):

			Three months ended March 31,
			2021						2022
Cash paid for operating leases included in operating activities			$	965					$	897
Cash paid for finance leases included in financing activities			209						213

Right-of-use assets obtained in exchange for new leases is as follows (in thousands):

			Three months ended March 31,
			2021						2022
Right-of-use assets obtained in exchange for new operating lease liabilities			$	56					$	178
Right-of-use assets obtained in exchange for new finance lease liabilities			—						—

Supplemental balance sheet information related to leases is as follows (in thousands):

Lease Type			Balance Sheet Classification			December 31, 2021						March 31, 2022
Operating lease right-of-use assets			Operating lease right-of-use assets			$	17,881					$	17,622
Finance lease right-of-use assets			Property, plant and equipment, net			$	6,770					$	6,770
Accumulated depreciation			Property, plant and equipment, net			(2,443)						(2,551)
Finance lease right-of-use assets, net						$	4,327					$	4,219
Operating lease current liabilities			Current portion of operating lease obligations			$	1,913					$	1,950
Finance lease current liabilities			Current portion of finance lease obligations			375						393
Total current lease liabilities						$	2,288					$	2,343
Operating lease non-current liabilities			Obligations under operating leases, net of current portion			$	18,520					$	18,181
Finance lease non-current liabilities			Obligations under finance leases, net of current portion			5,157						5,052
Total non-current lease liabilities						$	23,677					$	23,233
Total lease liabilities						$	25,965					$	25,576

The average lease terms and discount rates at March 31, 2022 are as follows:

			Weighted-average remaining lease term (years)						Weighted-average discount rate
Operating leases			9.5						8.1		%
Finance leases			12.1						8.2		%

The aggregate future lease payments for operating and finance leases at March 31, 2022 are as follows (in thousands):

			Operating						Finance
Lease payments due:
Remainder of 2022			$	2,633					$	655
2023			3,404						860
2024			3,377						791
2025			3,174						736
2026			3,136						745
Thereafter			13,059						4,810
Total lease payments			28,783						8,597
Less: Interest			(8,652)						(3,152)
Present value of lease liabilities			$	20,131					$	5,445

At March 31, 2022, we had no additional significant operating or finance leases that had not yet commenced.

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- References

No definition available.

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- Definition

The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance lease liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-URI http://asc.fasb.org/subtopic&trid=77888251

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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 http://asc.fasb.org/subtopic&trid=77888251

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