XML 66 R21.htm IDEA: XBRL DOCUMENT v3.23.1
LEASES
12 Months Ended
Dec. 31, 2022
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 2023 and 2037. The Company does not assume renewals in its determination of the lease term unless the renewals are considered as reasonably assured.
The operating lease cost for the year ended December 31, 2022 was $19,115.
Supplemental cash flow information related to leases was as follows:
Year ended December 31, 2022
Cash payments related to operating lease
$16,686 
New right-of-use assets obtained in exchange for operating lease obligations39,084 
Maturities of lease liabilities were as follows:
Operating Leases
2023$17,841 
202415,562 
202513,867 
202613,482 
202713,214 
Thereafter70,268 
Total lease payments144,234
Less imputed interest(31,447)
Total$112,787 
Supplemental balance sheet information related to leases was as follows:
Year ended December 31, 2022
Current maturities of operating leases13,525 
Long-term operating leases99,262 
Total operating lease liabilities$112,787 
Weighted-average remaining operating lease term10.82
Weighted-average discount rate of operating leases4.96 %