Leases (Tables)

3 Months Ended

Mar. 31, 2023

Disclosure Of Leases [Abstract]

Disclosure of right-of-use assets and liabilities for operating and finance leases

The table below summarizes the Company’s right-of-use (“ROU”) assets and corresponding liabilities for operating and finance leases:

	March 31,		December 31,
	2023		2022
Operating leases:
ROU assets	$	1,466	$	777
Liabilities	$	1,422	$	721
Finance leases:
ROU assets	$	80	$	80
Liabilities	$	10	$	13

Disclosure of operating and finance leases of lessee

The following table summarizes the Company’s operating and finance leases in which the Company is a lessee:

		Renewal	Other Terms and
Class of Assets	Initial Term	Option	Conditions
Operating lease:
Office equipment	1 month	Yes	(a)
Office space	3 to 9 years	Yes	(a), (b)
Finance lease:
Office equipment	3 to 5 years	Not applicable	(c)

(a)There are no variable lease payments.

(b)Rent escalation provisions exist.

(c)There is a bargain purchase option.

Disclosure of lease liabilities maturities

As of March 31, 2023, maturities of lease liabilities were as follows:

	Leases
	Operating		Finance
Due in 12 months following March 31,
2023	$	258	$	9
2024		255		1
2025		264		—
2026		274		—
2027		315		—
Thereafter		336		—
Total lease payments		1,702		10
Less: interest		280		—
Total lease obligations	$	1,422	$	10

Disclosure of quantitative information of operating and finance leases

The following table provides quantitative information with regards to the Company’s operating and finance leases:

	Three Months Ended
	March 31,
	2023			2022
Lease costs:
Finance lease costs:
Amortization – ROU assets*	$	4		$	5
Operating lease costs*		52			374
Short-term lease costs*		93			110
Total lease costs	$	149		$	489
Cash paid for amounts included in the    measurement of lease liabilities:
Operating cash flows – operating leases	$	44		$	372
Financing cash flows – finance leases	$	4		$	5
	March 31,
	2023
Weighted-average remaining lease term:
Finance leases (in years)		0.9
Operating leases (in years)		6.4
Weighted-average discount rate:
Finance leases (%)		3.3	%
Operating leases (%)		5.9	%

* Included in other operating expenses on the consolidated statements of income.

Disclosure of operating leases of lessor entity

The following table summarizes the Company’s operating leases in which the Company is a lessor:

		Renewal	Other Terms and
Class of Assets	Initial Term	Option	Conditions
Operating lease:
Retail space	3 to 15 years	Yes	(d)
Boat docks/wet slips	1 to 12 months	Yes	(d)

(d)There are no purchase options.