Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2
Leases (Tables)
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Schedule of Future Minimum Rental Payments Future minimum lease payments under these agreements are as follows as of June 30, 2022:

 

(in thousands)

 

Amount

 

 2022

 

$

3,268

 

 2023

 

 

7,957

 

 2024

 

 

7,140

 

 2025

 

 

7,216

 

 2026

 

 

7,385

 

After 2026

 

 

30,423

 

Total future lease payments

 

$

63,389

 

  Less: interest

 

 

(14,225

)

 Present value of lease liabilities

 

$

49,164

 

Future minimum lease payments under these agreements are as follows as of December 31, 2021:

 

(in thousands)

 

Amount

 

 2022

 

$

5,499

 

 2023

 

 

8,314

 

 2024

 

 

7,507

 

 2025

 

 

7,594

 

 2026

 

 

7,775

 

After 2026

 

 

31,412

 

Total future lease payments

 

$

68,101

 

Supplemental Cash Flow Information Related to Operating Leases

 

 

Three Months Ended
June 30, 2022

 

Six Months Ended June 30, 2022

 

 Supplemental cash flow information:

 

 

 

 

 

 Cash payments for operating leases included in cash flows from operating activities

 

 

613

 

 

2,011

 

Schedule of Other Information Related to Operating Leases

 

 

June 30, 2022

 

 Other lease information

 

 

 

 Weighted-average remaining lease term - Operating leases

 

8.3 years

 

 Weighted-average discount rate - Operating leases

 

 

6.0

%