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Leases (Tables) | 6 Months Ended
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Jun. 30, 2022
Leases [Abstract] |
Lessee, Operating Lease, Liability, Maturity | The following is a schedule of the minimum future payments required under the ground, air rights, garage leases and office lease as of June 30, 2022, for each of the next five calendar years and thereafter (in thousands):
Total Future Lease Payments
| Amount
2022 (remaining six months) | $ | 1,040 |
2023 | 2,093 |
2024 | 2,115 |
2025 | 2,186 |
2026 | 1,894 |
Thereafter | 64,825 |
Total lease payments | $ | 74,153 |
Less: Imputed interest | (51,743) |
Present value of lease liabilities | $ | 22,410 |
Schedule of Right of Use Asset and Liability | The following table includes information regarding the right of use assets and lease liabilities of the Company as of June 30, 2022 (in thousands):
| Right of Use Asset |  | Lease Liability
Balance as of January 1, 2022 | $ | 19,985 |  |  | $ | 22,696 |
Amortization | (340) |  |  | (286) |
Balance as of June 30, 2022 | $ | 19,645 |  |  | $ | 22,410 |
Lease, Cost |
Lease Term and Discount Rate | June 30, 2022
Weighted-average remaining lease term (years) | 40.57
Weighted-average discount rate | 6.62%

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + 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 Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
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