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Leases
 6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Leases Leases
The Company has operating and finance leases for corporate offices, physicians’ offices, and certain equipment. These leases have remaining lease terms of one month to five years, some of which may include options to extend the leases for up to 10 years, and some of which may include options to terminate the leases within one year. As of June 30, 2021 and December 31, 2020, assets recorded under finance leases were $0.4 million and $0.4 million, respectively, and accumulated depreciation associated with finance leases were $0.5 million and $0.4 million, respectively.
Also, the Company rents or subleases certain real estate to third parties, which are accounted for as operating leases.
Leases with an initial term of 12 months or less are not recorded on the balance sheet.
The components of lease expense were as follows (in thousands):
Three Months Ended June 30,
20212020
Operating lease cost
$1,263 $1,446 
Finance lease cost
Amortization of lease expense
27 35 
Interest on lease liabilities
3 4 
Sublease income(280)(226)
Total lease cost, net$1,013 $1,259 
Six Months Ended June 30,
20212020
Operating lease cost$2,515 $3,388 
Finance lease cost
Amortization of lease expense54 61 
Interest on lease liabilities6 7 
Sublease income(473)(360)
Total lease cost, net$2,102 $3,096 
Other information related to leases was as follows (in thousands):
Three Months Ended June 30,
20212020
Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,293 $1,333 
Operating cash flows from finance leases3 4 
Financing cash flows from finance leases27 35 
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases$— $2,907 
Six Months Ended June 30,
20212020
 
Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$3,149 $2,880 
Operating cash flows from finance leases6 7 
Financing cash flows from finance leases54 61 
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases$— $7,652 
June 30,
20212020
Weighted Average Remaining Lease Term
Operating leases6.56 years7.06 years
Finance leases3.17 years4.17 years
Weighted Average Discount Rate
Operating leases6.10 %6.10 %
Finance leases3.00 %3.00 %
Future minimum lease payments under non-cancellable leases as of June 30, 2021, is as follows (in thousands):
June 30, 2021
Operating Leases
Finance Leases
2021 (excluding the six months ended June 30, 2021)$2,042 $60 
20223,529 119 
20233,303 119 
20242,940 79 
20252,648 — 
Thereafter
6,811 — 
Total future minimum lease payments
21,273 377 
Less: imputed interest
3,929 18 
Total lease liabilities
17,344 359 
Less: current portion
2,831 110 
Long-term lease liabilities
$14,513 $249 
As of June 30, 2021, the Company does not have additional operating and finance leases that have not yet commenced.
Leases Leases
The Company has operating and finance leases for corporate offices, physicians’ offices, and certain equipment. These leases have remaining lease terms of one month to five years, some of which may include options to extend the leases for up to 10 years, and some of which may include options to terminate the leases within one year. As of June 30, 2021 and December 31, 2020, assets recorded under finance leases were $0.4 million and $0.4 million, respectively, and accumulated depreciation associated with finance leases were $0.5 million and $0.4 million, respectively.
Also, the Company rents or subleases certain real estate to third parties, which are accounted for as operating leases.
Leases with an initial term of 12 months or less are not recorded on the balance sheet.
The components of lease expense were as follows (in thousands):
Three Months Ended June 30,
20212020
Operating lease cost
$1,263 $1,446 
Finance lease cost
Amortization of lease expense
27 35 
Interest on lease liabilities
3 4 
Sublease income(280)(226)
Total lease cost, net$1,013 $1,259 
Six Months Ended June 30,
20212020
Operating lease cost$2,515 $3,388 
Finance lease cost
Amortization of lease expense54 61 
Interest on lease liabilities6 7 
Sublease income(473)(360)
Total lease cost, net$2,102 $3,096 
Other information related to leases was as follows (in thousands):
Three Months Ended June 30,
20212020
Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,293 $1,333 
Operating cash flows from finance leases3 4 
Financing cash flows from finance leases27 35 
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases$— $2,907 
Six Months Ended June 30,
20212020
 
Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$3,149 $2,880 
Operating cash flows from finance leases6 7 
Financing cash flows from finance leases54 61 
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases$— $7,652 
June 30,
20212020
Weighted Average Remaining Lease Term
Operating leases6.56 years7.06 years
Finance leases3.17 years4.17 years
Weighted Average Discount Rate
Operating leases6.10 %6.10 %
Finance leases3.00 %3.00 %
Future minimum lease payments under non-cancellable leases as of June 30, 2021, is as follows (in thousands):
June 30, 2021
Operating Leases
Finance Leases
2021 (excluding the six months ended June 30, 2021)$2,042 $60 
20223,529 119 
20233,303 119 
20242,940 79 
20252,648 — 
Thereafter
6,811 — 
Total future minimum lease payments
21,273 377 
Less: imputed interest
3,929 18 
Total lease liabilities
17,344 359 
Less: current portion
2,831 110 
Long-term lease liabilities
$14,513 $249 
As of June 30, 2021, the Company does not have additional operating and finance leases that have not yet commenced.