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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Future Minimum Rental Payments Future minimum lease payments under these agreements are as follows as of December 31, 2022:

 

(in thousands)

 

Amount

 

 2023

 

$

7,715

 

 2024

 

 

7,580

 

 2025

 

 

7,650

 

 2026

 

 

7,777

 

 2027

 

 

7,958

 

After 2027

 

 

23,825

 

Total future lease payments

 

$

62,505

 

  Less: interest

 

 

(13,875

)

 Present value of lease liabilities

 

$

48,630

 

Future minimum lease payments under these agreements were as follows as of December 31, 2021:

 

(in thousands)

 

Amount

 

 2022

 

$

5,499

 

 2023

 

 

8,314

 

 2024

 

 

7,507

 

 2025

 

 

7,594

 

 2026

 

 

7,775

 

After 2026

 

 

31,412

 

Total future lease payments

 

$

68,101

 

Supplemental Cash Flow Information Related to Operating Leases

 

 

Year Ended December 31, 2022

 

 Supplemental cash flow information:

 

 

 

 Cash payments for operating leases included in cash flows used in operating activities

 

 

5,849

 

Schedule of Other Information Related to Operating Leases

 

 

December 31, 2022

 

 Other lease information

 

 

 

 Weighted-average remaining lease term - Operating leases

 

7.9 years

 

 Weighted-average discount rate - Operating leases

 

 

6.4

%