Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.22.2.2
LEASES (Tables)
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Schedule of Operating Lease ROU Assets and Lease Liabilities The table below presents total operating lease right-of-use assets and lease liabilities as of June 30, 2022 and December 31, 2021:
(in thousands)
June 30,
2022
December 31,
2021
Operating lease right-of-use assets $ 16,111  $ 24,448 
Operating lease liabilities $ 16,411  $ 24,436 
Lessee, Operating Lease, Liability, Maturity
The table below presents the maturities of operating lease liabilities as of June 30, 2022:
(in thousands)
Operating
Leases
2022 (remaining)
$ 1,627 
2023 3,308 
2024 3,373 
2025 2,927 
2026 2,299 
Thereafter 11,400 
Total lease payments 24,934 
Less: discount (8,523)
Total operating lease liabilities $ 16,411 
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:
  Six Months Ended
  June 30,
2022
June 30,
2021
Weighted average remaining lease term (years) 5.7 79.0
Weighted average discount rate 11.4  % 11.6  %