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Leases (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Lease, Cost | Information regarding the Company’s leases for the years ended December 31 is as follows:
(in thousands) | 2023 |  | 2022
Operating leases | $ | 2,591 |  |  | $ | 2,518 |
Finance leases: |  |  |
Amortization of lease assets | 237 |  |  | 168 |
Interest on lease liabilities | 22 |  |  | 24 |
Short-term leases (a) | 141 |  |  | 214 |
Lease expense | $ | 2,991 |  |  | $ | 2,924 |
Sub-lease income | (14) |  |  | — |
Lease cost | $ | 2,977 |  |  | $ | 2,924 |
(a) |  | Leases with an initial term of twelve months or less are not recorded on the Consolidated Balance Sheets.
Lessee Lease Liability Current Noncurrent | Components of the lease liability presented in the Consolidated Balance Sheets for the years ended December 31 are as follows:
(in thousands) | 2023 |  | 2022
Current: |  |  |
Operating lease liabilities | $ | 2,201 |  |  | $ | 1,693 |
Finance lease liabilities | 170 |  |  | 218 |
Non-current: |  |  |
Operating lease liabilities | 3,792 |  |  | 4,401 |
Finance lease liabilities | 286 |  |  | 527 |
Total lease liabilities | $ | 6,449 |  |  | $ | 6,839 |
Lessee Lease Liability Maturity Table | The future minimum payments for leases that have initial or remaining noncancelable lease terms in excess of one year as of December 31, 2023, are summarized as follows:
Year Ended (in thousands) | Operating Leases | Finance Leases | Total
2024 | $ | 2,385 |  | $ | 183 |  | $ | 2,568 |
2025 | 2,045 |  | 147 |  | 2,192 |
2026 | 1,265 |  | 109 |  | 1,374 |
2027 | 366 |  | 41 |  | 407 |
2028 | 135 |  | — |  | 135 |
Thereafter | 151 |  | — |  | 151 |
Total undiscounted payments | $ | 6,347 |  | $ | 480 |  | $ | 6,827 |
Less: present value adjustment | (354) |  | (24) |  | (378) |
Lease liabilities | $ | 5,993 |  | $ | 456 |  | $ | 6,449 |
Lease Other Information | Supplemental lease information for the years ended December 31 is as follows:
| 2023 |  | 2022
Weighted average remaining lease term (years) |  |  |
Operating leases | 3.07 |  | 3.43
Finance leases | 2.93 |  | 3.80
Weighted average discount rate |  |  |
Operating leases | 3.8 | % |  | 3.9 | %
Finance leases | 3.7 | % |  | 3.7 | %

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- Definition Lease Other Information [Table Text Block] + References No definition available. + Details
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- Definition Lessee lease liability, current and noncurrent + References No definition available. + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position + References No definition available. + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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- References No definition available. + Details
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