Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Supplemental balance sheet information Supplemental balance sheet information related to the operating and financing leases is as follows:
(In thousands, except lease term and discount rate ) June 30, 2022 December 31, 2021
Operating Leases
Right-of-use operating assets $ 14,975  $ 15,193 
Current maturities of long-term lease obligations $ 1,756  $ 1,825 
Long-term lease obligations $ 20,653  $ 20,794 
Financing Leases
Right-of-use financing leases (1)
$ 31  $ 42 
Current maturities of long-term lease obligations $ 6  $ 9 
Long-term lease obligations $ 2  $ 4 
Weighted average operating lease term (in years): 11.4 12.1
Weighted average operating financing term (in years): 1.6 2.2
Weighted average discount rate operating leases 10.31  % 10.32% 
Weighted average discount rate financing leases 6.84%  7.23% 
(1) Financing leases are included within property and equipment, net on the condensed consolidated balance sheets.
Summary of operating lease maturity
Future minimum lease payments under operating and financing leases at June 30, 2022, were as follows:
(In thousands)  
2022 (excluding the six months ended June 30, 2022) $ 2,152 
2023 3,415 
2024 3,186 
2025 3,268 
2026 3,276 
2027 61 
Thereafter 23,939 
Total $ 39,296 
Less: Imputed interest (16,879)
Total lease liability $ 22,417 
Less: Current lease liability (1,762)
Long-term lease liability $ 20,655 
Summary of finance lease maturity
Future minimum lease payments under operating and financing leases at June 30, 2022, were as follows:
(In thousands)  
2022 (excluding the six months ended June 30, 2022) $ 2,152 
2023 3,415 
2024 3,186 
2025 3,268 
2026 3,276 
2027 61 
Thereafter 23,939 
Total $ 39,296 
Less: Imputed interest (16,879)
Total lease liability $ 22,417 
Less: Current lease liability (1,762)
Long-term lease liability $ 20,655