XML 34 R21.htm IDEA: XBRL DOCUMENT v3.22.1
LEASES
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
LEASES LEASES
The Company has entered into various non-cancelable operating lease agreements for certain office spaces and motor vehicles. The leases have original lease periods expiring between 2021 and 2037. The Company does not assume renewals in its determination of the lease term unless the renewals are considered as reasonably assured at lease commencement.
The operating lease cost for the year ended December 31, 2021 was $23,461.
Supplemental cash flow information related to leases was as follows:
Year ended December 31, 2021
Cash payments related to operating lease
$25,612 
New right-of-use assets obtained in exchange for operating lease obligations$561 
Maturities of lease liabilities were as follows:
Operating Leases
2022$22,766 
202314,695 
202411,546 
20259,910 
20269,533 
Thereafter63,016 
Total lease payments131,466
Less imputed interest(30,767)
Total$100,699 
Supplemental balance sheet information related to leases was as follows:
Year ended December 31, 2021
Current maturities of operating leases19,514 
Long-term operating leases81,185 
Total operating lease liabilities$100,699 
Weighted-average remaining operating lease term10.94
Weighted-average discount rate of operating leases5.45 %