Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Summary of balances as it related to leases

The following table summarizes the balances as it relates to leases at the end of the period (in thousands):

	Location on the consolidated balance sheet	December 31, 2021
ROU Asset	Other assets	$	11,245
Lease liability, current portion	Other current liabilities	$	5,909
Lease liability, long-term portion	Other long-term liabilities	5,359
Total lease liability		$	11,268

Schedule of operating lease expenses

The details of the Company’s operating leases are as follows (in thousands):

	Year Ended December 31, 2021
Operating lease expense	$	6,635
Variable lease expense	106
Short-term lease expense	—
Total lease expense	$	6,741

The Company’s weighted-average remaining lease-term and weighted-average discount rate are as follows:

	Year Ended December 31, 2021
Weighted average remaining lease-term	3.8 years
Weighted average discount rate	5	%

Supplemental cash flow and other information related to operating leases are as follows (in thousands):

	Year Ended December 31, 2021
Operating cash flows from operating leases	$	6,644
Non cash investing activities:
Lease liabilities arising from obtaining right-of-use assets	$	17,363

Schedule of operating lease liability maturity

The following table presents the maturities of lease liabilities as of December 31, 2021 (in thousands):

	Operating Leases
2022	$	4,213
2023	1,782
2024	1,782
2025	1,027
2026	1,023
Thereafter	3,197
Total lease payments	13,024
Less: Imputed lease interest	(1,756)
Total lease liabilities	$	11,268

The following table represents future minimum lease obligations under non-cancelable operating leases as of December 31, 2020 (in thousands):

	Operating Leases
2021	$	6,663
2022	6,073
2023	893
2024	791
2025	15
Thereafter	—
Total	$	14,435