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Contract Liabilities (Tables)
6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Summary of Significant Changes In The Contract Liabilities
A summary of significant changes in the contract liabilities balance during the period is as follows:

(in thousands)For the three months ended June 30, 2022
Balance at March 31, 2022$8,189 
Increases due to amounts collected
Decreases due to revenue recognized(652)
Balance at June 30, 2022$7,537 

(in thousands)For the six months ended June 30, 2022
Balance at December 31, 2021$6,059 
Increases due to amounts collected2,750 
Decreases due to revenue recognized(1,272)
Balance at June 30, 2022$7,537 

Of the June 30, 2022 contract liabilities balance, the Company expects to recognize the following amounts as revenue in the succeeding years:

Years ended December 31,Amount (in thousands)
2022 - remaining$1,314
20232,628
20242,442
20251,111
202642
Total$7,537