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Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Schedule of Impairments Losses Recognized on Leases

The impairments losses recognized on leases were as follows:


		Years Ended December 31,
(Dollars in thousands)		2022				2021				2020
Scottsdale Arizona		$	681			$	1,515			$	—
Omaha Nebraska			488				—				—
Cavan Ireland			168				—				—
Total lease impairment		$	1,337			$	1,515			$	—

Components of Lease Expense

The components of lease expenses were as follows:


		Years Ended December 31,
(Dollars in thousands)		2022				2021				2020
Operating lease expenses		$	2,372			$	2,789			$	2,952
Short-term lease expenses			15				8				7
Sublease income			(331	)			(55	)			—
Total lease expenses		$	2,056			$	2,742			$	2,959

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:


		Years Ended December 31,
(Dollars in thousands)		2022				2021				2020
Cash paid for amounts included in the measurement of liabilities:
Operating leases		$	2,056			$	2,797			$	2,012
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases		$	—			$	783			$	772

Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

The table below presents the lease-related assets and liabilities recorded on the consolidated balance sheets.


				December 31,
(Dollars in thousands)		Classification on the consolidated balance sheets		2022				2021
Assets:
Operating lease assets		Lease right of use assets		$	11,739			$	16,051

Liabilities:
Operating lease liabilities		Lease liabilities		$	15,701			$	19,079

Weighted-average remaining lease term
Operating leases				6.6 years				7.7 years

Weighted-average discount rate
Operating leases (1)					0.9	%			0.9	%

(1) Represents the Company’s incremental borrowing rate at the time the leases were contracted.

Future Minimum Lease Payments Under Non-cancelable Operating Leases

At December 31, 2022, future minimum lease payments under non-cancelable operating leases were as follows.


(Dollars in thousands)		Operating Leases (1)				Expected Sublease Income
2023		$	2,995			$	291
2024			2,799				297
2025			2,831				388
2026			2,650				342
2027			1,590				—
Thereafter			3,241				—
Total future minimum lease payments			16,106				1,318
Less: amount representing interest			405				—
Present value of minimum lease payments		$	15,701			$	1,318

(1)

Includes future minimum lease payments of $4.6 million on leases that have been impaired because the property is no longer in use.