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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Components of Lease Cost

 

 

Year Ended
 December 31, 2022

 

 

 

Year Ended
 December 31, 2021

 

Operating lease costs:

 

 

 

 

 

 

 

Fixed

 

$

1,735

 

 

 

$

3,710

 

Short-term

 

 

505

 

 

 

 

761

 

Total operating lease costs

 

$

2,240

 

 

 

$

4,471

 

Finance lease costs:

 

 

 

 

 

 

 

Amortization of leased assets

 

$

1,182

 

 

 

$

-

 

Interest on lease liabilities

 

 

1,355

 

 

 

 

-

 

Total finance lease costs

 

$

2,537

 

 

 

$

-

 

Total lease cost

 

$

4,777

 

 

 

$

4,471

 

Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases were as follows:

 

 

 

 

 

 

 

December 31, 2022

 

 

 

December 31, 2021

 

Right of use assets:

 

 

 

 

 

 

 

Right of use operating lease assets

 

$

1,596

 

 

 

$

16,669

 

Right of use finance lease assets

 

 

33,093

 

 

 

 

-

 

Total

 

$

34,689

 

 

 

$

16,669

 

 

 

 

 

 

 

 

 

Lease liabilities:

 

 

 

 

 

 

 

Operating lease liabilities:

 

 

 

 

 

 

 

Current

 

$

897

 

 

 

$

1,955

 

Long-term

 

 

1,780

 

 

 

 

16,617

 

Total operating lease liabilities

 

$

2,677

 

 

 

$

18,572

 

 

 

 

 

 

 

 

 

Finance lease liabilities:

 

 

 

 

 

 

 

Current

 

 

605

 

 

 

$

-

 

Long-term

 

 

33,245

 

 

 

 

-

 

Total finance lease liabilities

 

$

33,850

 

 

 

$

-

 

Total

 

$

36,527

 

 

 

$

18,572

 

Supplemental Cash Flow Information

Supplemental cash flow information is as follows:

 

 

 

 

 

 

 

Year Ended
December 31, 2022

 

 

 

Year Ended
December 31, 2021

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

2,630

 

 

 

$

4,315

 

Operating cash flows from finance leases

 

 

1,355

 

 

 

 

-

 

Financing cash flows from finance leases

 

 

738

 

 

 

 

-

 

Total

 

$

4,723

 

 

 

$

4,315

 

 

 

 

 

 

 

 

 

Right of use assets obtained in exchange for new lease obligations:

 

 

 

 

 

 

 

Operating leases

 

$

-

 

 

 

$

-

 

Finance leases

 

 

20,344

 

 

 

 

-

 

Total

 

$

20,344

 

 

 

$

-

 

Future Minimum Operating Lease Payments

The aggregate future lease payments for leases as of December 31, 2022 are as follows:

 

 

 

 

 

Operating leases

 

 

 

Finance leases

 

2023

 

$

992

 

 

 

$

3,298

 

2024

 

 

250

 

 

 

 

3,298

 

2025

 

 

256

 

 

 

 

3,354

 

2026

 

 

263

 

 

 

 

3,523

 

2027

 

 

271

 

 

 

 

3,523

 

Thereafter

 

 

1,085

 

 

 

 

48,139

 

Total lease payments

 

 

3,117

 

 

 

 

65,135

 

Less: interest

 

 

(440

)

 

 

 

(31,285

)

Total

 

$

2,677

 

 

 

$

33,850

 

Operating Lease Information

Weighted-average remaining lease term (years)

 

 

 

Operating leases

 

 

7.9

 

Finance leases

 

 

17.8

 

Weighted-average discount rate

 

 

 

Operating leases

 

 

4.5

%

Finance leases

 

 

8.0

%