XML 36 R26.htm IDEA: XBRL DOCUMENT v3.23.3
Leases (Tables)
 9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Lease Expense and Other Information Components of lease expense and other information for the periods presented are summarized as follows (in thousands, except terms and rates):
Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Lease expense
Finance lease expense:
Amortization of right-of-use assets$1,823 $2,048 $5,571 $6,467 
Interest on lease liabilities290 237 851 667 
Operating lease expense1,423 1,417 4,268 4,252 
Short-term lease expense2 3 13 21 
Total lease expense$3,538 $3,705 $10,703 $11,407 
Supplemental cash flow information
Finance leases:
Operating cash outflow from finance leases$290 $237 $851 $667 
Financing cash outflow from finance leases$1,859 $2,234 $5,666 $6,694 
Finance lease liabilities arising from obtaining finance lease right-of-use assets$1,799 $1,335 $5,438 $4,659 
Operating leases:
Operating cash outflow from operating leases$1,396 $1,214 $4,177 $3,197 
Operating lease liabilities arising from obtaining operating lease right-of-use assets$— $— $154 $— 
Other information as of September 30, 2023
Finance leases:
Weighted-average remaining lease term (years)1.8
Weighted-average discount rate9.9 %
Operating leases:
Weighted-average remaining lease term (years)9.3
Weighted-average discount rate3.9 %
Operating Lease Liability Maturity
Future maturities of remaining lease payments included in the measurement of operating lease liabilities as of September 30, 2023 are as follows (in thousands):
Years ending December 31,
Remaining 2023$1,396 
20245,574 
20255,701 
20265,843 
20275,989 
Thereafter32,834 
Total57,337 
Less imputed interest(9,488)
Present value of operating lease obligations$47,849 
Finance Lease Liability Maturity Future minimum lease payments for the Company’s finance leases as of September 30, 2023 were as follows (in thousands):
Years ending December 31,
Remaining 2023$2,207 
20246,739 
20253,906 
20261,393 
2027— 
Thereafter— 
Total14,245 
Less amounts representing interest(1,484)
Present value of finance lease obligations$12,761