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Leases (Tables) | 3 Months Ended
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Mar. 31, 2024
Leases [Abstract] |
Schedule of Operating Lease Maturity | The following table includes information regarding the Company's total minimum lease payments for which it is the lessee, as of March 31, 2024, for each of the next five calendar years and thereafter (in thousands):
Total Future Lease Payments | Amount
2024 (remaining nine months) | $ | 1,408 |
2025 | 1,940 |
2026 | 1,727 |
2027 | 1,272 |
2028 | 1,272 |
Thereafter | 62,282 |
Total lease payments | $ | 69,901 |
Less: Imputed interest | (49,203) |
Present value of lease liabilities | $ | 20,698 |
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 March 31, 2024 (in thousands):
| Right of Use Asset |  | Lease Liability
Balance as of January 1, 2024 | $ | 18,141 |  |  | $ | 20,808 |
Amortization | (145) |  |  | (110) |
Partial lease termination | — |  |  | — |
Balance as of March 31, 2024 | $ | 17,996 |  |  | $ | 20,698 |
Schedule of Lease Cost |
Lease Term and Discount Rate | March 31, 2024
Weighted-average remaining lease term (years) | 42.07
Weighted-average discount rate | 6.88%

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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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- 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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