Annual report pursuant to Section 13 and 15(d)

LEASES (Tables)

v3.23.1
LEASES (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Operating Lease ROU Assets and Lease Liabilities The table below presents total operating right-of-use assets and lease liabilities as of December 31, 2022 and 2021:
(in thousands)
December 31, 2022 December 31, 2021
Operating Lease Right-of-Use Assets $ 13,946  $ 23,978 
Operating Lease Liabilities $ 15,084  $ 23,950 
Schedule of Maturities of Operating Lease Liabilities
The table below presents the maturities of operating lease liabilities as of December 31, 2022:
Year Ending December 31, (in thousands)
2023 $ 2,722 
2024 2,817 
2025 2,353 
2026 1,891 
2027 1,831 
Thereafter 8,934 
Total Lease Payments 20,548 
Less: Discount (5,464)
Total Operating Lease Liabilities $ 15,084 
Operating Lease Costs
The table below presents the weighted average remaining lease term for operating leases and weighted average discount rate used in calculating operating lease right-of-use assets:
December 31,
2022
December 31,
2021
Weighted Average Remaining Lease Term (Years) 8.50 9.20
Weighted Average Discount Rate 11.7  % 11.5  %