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Leases
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
LEASES LEASES
Our lease obligations consist of operating and finance leases related to real estate, vehicles and equipment. The components of lease cost are as follows (in thousands):
Years Ended December 31,
Income Statement Classification202420232022
Operating lease cost
Facilities and grounds expense(1)
$3,998 $3,526 $3,375 
Short-term lease cost
Facilities and grounds expense(1)
232 372 329 
Variable lease cost
Facilities and grounds expense(1)
380 234 324 
Finance lease cost:
Depreciation of leased assets
Depreciation and amortization(2)
$511 $541 $438 
Interest on lease liabilitiesInterest expense506 500 442 
Total finance lease cost1,017 1,041 880 
Total lease cost$5,627 $5,173 $4,908 
(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):
Years Ended December 31,
202420232022
Cash paid for operating leases included in operating activities$4,325 $3,779 $3,671 
Cash paid for finance leases included in financing activities1,083 1,153 868 
Right-of-use assets obtained in exchange for new leases are as follows (in thousands):
Years Ended December 31,
20242023
Right-of-use assets obtained in exchange for new operating lease liabilities$1,224 $1,243 
Right-of-use assets obtained in exchange for new finance lease liabilities1,027 1,896 
Supplemental balance sheet information related to leases is as follows (in thousands):
Lease TypeBalance Sheet ClassificationDecember 31, 2024December 31, 2023
Operating lease right-of-use assetsOperating lease right-of-use assets$14,953 $16,295 
Finance lease right-of-use assetsProperty, plant and equipment, net8,564 8,249 
Accumulated depreciationProperty, plant and equipment, net(3,214)(3,059)
Finance lease right-of-use assets, net$5,350 $5,190 
Operating lease current liabilitiesCurrent portion of operating lease obligations$2,810 $2,713 
Finance lease current liabilitiesCurrent portion of finance lease obligations533 592 
Total current lease liabilities$3,343 $3,305 
Operating lease non-current liabilitiesObligations under operating leases, net of current portion$14,035 $15,797 
Finance lease non-current liabilitiesObligations under finance leases, net of current portion6,045 5,831 
Total non-current lease liabilities$20,080 $21,628 
Total lease liabilities$23,423 $24,933 
The average lease terms and discount rates at December 31, 2024 are as follows:
Weighted-average remaining lease term (years)Weighted-average discount rate
Operating leases7.18.1 %
Finance leases13.08.1 %
The aggregate future lease payments for non-cancelable operating and finance leases at December 31, 2024 are as follows (in thousands):
OperatingFinance
Lease payments due:
2025$4,069 $1,063 
20263,933 1,072 
20273,690 1,073 
20283,363 822 
20292,970 745 
Thereafter3,906 6,294 
Total lease payments$21,931 $11,069 
Less: Interest(5,086)(4,491)
Present value of lease liabilities$16,845 $6,578 
At December 31, 2024, we had no 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, vehicles and equipment. The components of lease cost are as follows (in thousands):
Years Ended December 31,
Income Statement Classification202420232022
Operating lease cost
Facilities and grounds expense(1)
$3,998 $3,526 $3,375 
Short-term lease cost
Facilities and grounds expense(1)
232 372 329 
Variable lease cost
Facilities and grounds expense(1)
380 234 324 
Finance lease cost:
Depreciation of leased assets
Depreciation and amortization(2)
$511 $541 $438 
Interest on lease liabilitiesInterest expense506 500 442 
Total finance lease cost1,017 1,041 880 
Total lease cost$5,627 $5,173 $4,908 
(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):
Years Ended December 31,
202420232022
Cash paid for operating leases included in operating activities$4,325 $3,779 $3,671 
Cash paid for finance leases included in financing activities1,083 1,153 868 
Right-of-use assets obtained in exchange for new leases are as follows (in thousands):
Years Ended December 31,
20242023
Right-of-use assets obtained in exchange for new operating lease liabilities$1,224 $1,243 
Right-of-use assets obtained in exchange for new finance lease liabilities1,027 1,896 
Supplemental balance sheet information related to leases is as follows (in thousands):
Lease TypeBalance Sheet ClassificationDecember 31, 2024December 31, 2023
Operating lease right-of-use assetsOperating lease right-of-use assets$14,953 $16,295 
Finance lease right-of-use assetsProperty, plant and equipment, net8,564 8,249 
Accumulated depreciationProperty, plant and equipment, net(3,214)(3,059)
Finance lease right-of-use assets, net$5,350 $5,190 
Operating lease current liabilitiesCurrent portion of operating lease obligations$2,810 $2,713 
Finance lease current liabilitiesCurrent portion of finance lease obligations533 592 
Total current lease liabilities$3,343 $3,305 
Operating lease non-current liabilitiesObligations under operating leases, net of current portion$14,035 $15,797 
Finance lease non-current liabilitiesObligations under finance leases, net of current portion6,045 5,831 
Total non-current lease liabilities$20,080 $21,628 
Total lease liabilities$23,423 $24,933 
The average lease terms and discount rates at December 31, 2024 are as follows:
Weighted-average remaining lease term (years)Weighted-average discount rate
Operating leases7.18.1 %
Finance leases13.08.1 %
The aggregate future lease payments for non-cancelable operating and finance leases at December 31, 2024 are as follows (in thousands):
OperatingFinance
Lease payments due:
2025$4,069 $1,063 
20263,933 1,072 
20273,690 1,073 
20283,363 822 
20292,970 745 
Thereafter3,906 6,294 
Total lease payments$21,931 $11,069 
Less: Interest(5,086)(4,491)
Present value of lease liabilities$16,845 $6,578 
At December 31, 2024, we had no significant operating or finance leases that had not yet commenced.