XML 66 R35.htm IDEA: XBRL DOCUMENT v3.23.1
(Tables)
3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Components of Lease Expense The components of lease cost are as follows (in thousands):
Three months ended March 31,
Income Statement Classification20222023
Operating lease cost
Facilities and grounds expense(1)
$848 $875 
Short-term lease cost
Facilities and grounds expense(1)
102 94 
Variable lease cost
Facilities and grounds expense(1)
58 
Finance lease cost:
Depreciation of leased assets
Depreciation and amortization(2)
$108 $108 
Interest on lease liabilitiesInterest expense113 105 
Total finance lease cost221 213 
Total lease cost$1,178 $1,240 
(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 expense 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,
20222023
Cash paid for operating leases included in operating activities$897 $951 
Cash paid for finance leases included in financing activities213 223 
Right-of-use assets obtained in exchange for new leases is as follows (in thousands):
Three months ended March 31,
20222023
Right-of-use assets obtained in exchange for new operating lease liabilities$178 $908 
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 TypeBalance Sheet ClassificationDecember 31, 2022March 31, 2023
Operating lease right-of-use assetsOperating lease right-of-use assets$17,060 $17,486 
Finance lease right-of-use assetsProperty, plant and equipment, net$6,770 $6,770 
Accumulated depreciationProperty, plant and equipment, net(2,881)(2,989)
Finance lease right-of-use assets, net$3,889 $3,781 
Operating lease current liabilitiesCurrent portion of operating lease obligations$2,203 $2,477 
Finance lease current liabilitiesCurrent portion of finance lease obligations414 411 
Total current lease liabilities$2,617 $2,888 
Operating lease non-current liabilitiesObligations under operating leases, net of current portion$17,315 $17,395 
Finance lease non-current liabilitiesObligations under finance leases, net of current portion4,743 4,641 
Total non-current lease liabilities$22,058 $22,036 
Total lease liabilities$24,675 $24,924 
The average lease terms and discount rates at March 31, 2023 are as follows:
Weighted-average remaining lease term (years)Weighted-average discount rate
Operating leases8.58.1 %
Finance leases11.38.1 %
Maturities of Operating Lease Liabilities
The aggregate future lease payments for non-cancelable operating and finance leases at March 31, 2023 are as follows (in thousands):
OperatingFinance
Lease payments due:
Remainder of 2023$2,938 $647 
20243,895 791 
20253,604 736 
20263,490 746 
20273,349 746 
Thereafter9,996 4,063 
Total lease payments27,272 7,729 
Less: Interest(7,400)(2,677)
Present value of lease liabilities$19,872 $5,052 
Maturities of Financing Lease Liabilities
The aggregate future lease payments for non-cancelable operating and finance leases at March 31, 2023 are as follows (in thousands):
OperatingFinance
Lease payments due:
Remainder of 2023$2,938 $647 
20243,895 791 
20253,604 736 
20263,490 746 
20273,349 746 
Thereafter9,996 4,063 
Total lease payments27,272 7,729 
Less: Interest(7,400)(2,677)
Present value of lease liabilities$19,872 $5,052