Post-effective amendment to a registration statement that is not immediately effective upon filing

Leases

v3.22.2
Leases
3 Months Ended
Mar. 31, 2022
Leases Disclosure [Abstract]  
LEASES

10. LEASES

All long-term leases identified by the Company are classified as operating leases. Lease expenses related to long-term leases were $620 for the three months ended March 31, 2022. Short-term lease expense, variable lease expense and sublease income were not material for the three months ended March 31, 2022. The right-of-use assets and lease liabilities were $8,722 and $8,977, respectively, and were included in other assets and other liabilities, respectively, on the March 31, 2022 consolidated balance sheet.

Maturities of the Company’s long-term operating lease liabilities were as follows:

 

March 31,
2022

Remainder of 2022

 

$

1,733

 

2023

 

 

2,870

 

2024

 

 

2,683

 

2025

 

 

2,496

 

2026

 

 

1,268

 

Thereafter

 

 

1,672

 

Total lease payments

 

 

12,722

 

Less: imputed interest

 

 

3,745

 

Lease liabilities

 

$

8,977

 

Weighted-average remaining lease term (years)

 

 

4.8

 

Weighted-average discount rate

 

 

14.3

%