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Leases
 9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Leases

Note 10 – Leases

Operating lease cost details for the three and nine months ended September 30, 2021 and 2020 are as follows:

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Three months ended

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Nine months ended

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September 30, 

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September 30, 

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2021

    

2020

    

2021

    

2020

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(in thousands)

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(in thousands)

Building rent

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$

667

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$

808

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$

1,914

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$

2,264

Automobile rentals

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385

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426

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1,129

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1,137

Total net operating lease costs

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$

1,052

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$

1,234

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$

3,043

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$

3,401

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At September 30, 2021, the weighted average remaining lease term for our operating leases is 6.5 years. The weighted average discount rate for our operating leases is 5%.

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During the nine months ended September 30, 2021, there were $2.8 million of operating cash payments for lease liabilities, and $0.3 million of right-of use assets obtained in exchange for new lease liabilities.

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Maturities of our operating leases are as follows:

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As of September 30, 2021

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(in $ thousands)

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2021

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$

702

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2022

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3,238

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2023

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2,564

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2024

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1,771

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2025

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1,639

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Later years

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5,930

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Less imputed interest

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(2,646)

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Total lease liabilities

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$

13,198

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