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Leases
3 Months Ended
Mar. 31, 2022
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 four months to eight 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 March 31, 2022 and December 31, 2021, assets recorded under finance leases were $1.5 million and $1.3 million, respectively, and accumulated depreciation associated with finance leases were $0.7 million and $0.6 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 sheets.
The components of lease expense were as follows (in thousands):
Three Months Ended March 31,
20222021
Operating lease cost
$1,574 $1,252 
Finance lease cost
Amortization of lease expense
141 27 
Interest on lease liabilities
20 
Sublease income(126)(36)
Total lease cost, net$1,609 $1,246 
Other information related to leases was as follows (in thousands):
Three Months Ended
March 31,
20222021
Supplemental Cash Flow Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,547 $1,196 
Operating cash flows from finance leases20 
Financing cash flows from finance leases141 27 
Three Months Ended March 31,
20222021
Weighted Average Remaining Lease Term
Operating leases6.09 years6.68 years
Finance leases3.31 years3.42 years
Weighted Average Discount Rate
Operating leases6.10 %6.10 %
Finance leases4.31 %3.00 %
Future minimum lease payments under non-cancellable leases as of March 31, 2022, is as follows (in thousands):
March 31, 2022
Operating Leases
Finance Leases
2022 (excluding the three months ended March 31, 2022)
$2,645 $470 
20233,303 539 
20242,940 473 
20252,648 310 
20262,070 55 
Thereafter
4,753 — 
Total future minimum lease payments
18,359 1,847 
Less: imputed interest
3,176 132 
Total lease liabilities
15,183 1,715 
Less: current portion
2,625 543 
Long-term lease liabilities
$12,558 $1,172 
As of March 31, 2022, 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 four months to eight 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 March 31, 2022 and December 31, 2021, assets recorded under finance leases were $1.5 million and $1.3 million, respectively, and accumulated depreciation associated with finance leases were $0.7 million and $0.6 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 sheets.
The components of lease expense were as follows (in thousands):
Three Months Ended March 31,
20222021
Operating lease cost
$1,574 $1,252 
Finance lease cost
Amortization of lease expense
141 27 
Interest on lease liabilities
20 
Sublease income(126)(36)
Total lease cost, net$1,609 $1,246 
Other information related to leases was as follows (in thousands):
Three Months Ended
March 31,
20222021
Supplemental Cash Flow Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,547 $1,196 
Operating cash flows from finance leases20 
Financing cash flows from finance leases141 27 
Three Months Ended March 31,
20222021
Weighted Average Remaining Lease Term
Operating leases6.09 years6.68 years
Finance leases3.31 years3.42 years
Weighted Average Discount Rate
Operating leases6.10 %6.10 %
Finance leases4.31 %3.00 %
Future minimum lease payments under non-cancellable leases as of March 31, 2022, is as follows (in thousands):
March 31, 2022
Operating Leases
Finance Leases
2022 (excluding the three months ended March 31, 2022)
$2,645 $470 
20233,303 539 
20242,940 473 
20252,648 310 
20262,070 55 
Thereafter
4,753 — 
Total future minimum lease payments
18,359 1,847 
Less: imputed interest
3,176 132 
Total lease liabilities
15,183 1,715 
Less: current portion
2,625 543 
Long-term lease liabilities
$12,558 $1,172 
As of March 31, 2022, the Company does not have additional operating and finance leases that have not yet commenced.