Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of the Reportable Segments

Supplemental information to the Consolidated Balance Sheets related to leases was as follows:

Leases	Classification	December 31, 2023			December 31, 2022
		(in thousands, except lease term and discount rate)
Assets
Operating lease right-of-use assets	Other assets	$	8,652		$	11,382
Liabilities
Lease liabilities	Accounts payable and accrued expenses	$	7,941		$	10,365
Weighted average remaining lease term (years)
Operating leases		2.90			3.45
Weighted average discount rate
Operating leases		4.6		%	4.9		%

Schedule of Future Maturities Operating Lease Liabilities and Future Minimum Lease Payments Under Non-cancelable Operating Lease

Future maturities of the Company’s lease liabilities at December 31, 2023 are as follows:

Year	(in thousands)
2024	$	3,341
2025	2,797
2026	822
2027	604
2028	409
Thereafter	626
Total lease payments	8,599
Less: interest	(658)
Total lease liabilities	$	7,941

The following table represents future minimum lease payments under non-cancelable operating leases at December 31, 2023:

Year	(in thousands)
2024	$	3,363
2025	2,797
2026	822
2027	604
2028	409
Thereafter	626
	$	8,621

Schedule of Components Lease Expense

The components of lease expense were as follows:

		Years Ended December 31,
Lease expense	Classification	2023		2022
		(in thousands)
Operating lease cost	General and administrative	$	3,709	$	1,692
Net lease cost		$	3,709	$	1,692

Supplemental cash flow information related to leases was as follows:

	Years Ended December 31,
	2023		2022
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	3,327	$	1,388
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	307	$	6,478