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Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases

Summary of lease costs and maturity analysis for liabilities

​

​	​	​	​	​	​	​	​	​
Lease Costs	​	​		​	​	​	​	​
​	​	Year Ended
(in thousands)	​	December 31, 2022	​		December 31, 2021	​		December 31, 2020
Operating lease cost	$	419	​	$	419	​	$	419
​	$	419	​	$	419	​	$	419
​	​	​	​	​	​	​	​	​
Other information	​	​	​	​	​	​	​	​
Cash paid for amounts included in the measurement of lease liabilities	​	438	​	​	429	​	​	421
Weighted average remaining lease terms in years - operating leases	​	1.75	​	​	2.75	​	​	3.75
Weighted average discount rate - operating leases	​	3.86%	​	​	3.86%	​	​	3.86%
​	​	​	​	​	​	​	​	​
Maturity analysis for liabilities	Total			​	​		​	​
​	Undiscounted		​	​	​	​	​	​
(in thousands)	Cash Flows		​	​	​	​	​	​
Discount rate at commencement	​	3.86%	​	​	​	​	​	​
2023	$	447	​	​	​	​	​	​
2024	​	340	​	​	​	​	​	​
​	$	787	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​
Present value lease liability	$	759	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​
Difference between undiscounted cash flows and discounted cash flows	$	28	​	​	​	​	​	​

​

Summary of income relating to lease payments and undiscounted cash flows

​

​	​	​	​	​	​	​	​	​	​
Income relating to lease payments:	​	​
​	​	Year Ended
(in thousands)		December 31, 2022		​	December 31, 2021			December 31, 2020
Income from leases (1)	​	$	157,719	​	$	203,530	​	$	242,209
​	​	$	157,719	​	$	203,530	​	$	242,209
​	​	​	​	​	​	​	​	​	​
Undiscounted Cash Flows		Year ending		​	​	​	​	​	​
(in thousands)	​	December 31,		​	​	​	​	​	​
2023	​	​	98,712	​	​	​	​	​	​
2024	​	​	90,567	​	​	​	​	​	​
2025	​	​	77,525	​	​	​	​	​	​
2026	​	​	66,597	​	​	​	​	​	​
2027	​	​	56,357	​	​	​	​	​	​
2028 and thereafter	​		220,931	​	​	​	​	​	​
​	​	$	610,689	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​
(1) Amounts recognized from variable lease payments were $49,730, $54,825 and $61,310 for the years ended December 31, 2022, 2021 and 2020, respectively.	​	​	​	​	​	​	​	​	​

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- Definition

Tabular disclosure of components of income from operating lease and maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease.

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- Definition

Tabular disclosure of lessee's lease cost and undiscounted cash flows of of operating lease liability.

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