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Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of Lease Cost
The following table provides the components of lease expense for the periods indicated (in thousands):

Year Ended December 31,
202320222021
Finance lease cost:
Amortization of ROU assets$7,578 $5,200 $4,744 
Interest on lease liabilities1,349 364 413 
Operating lease cost3,641 3,019 2,560 
Short-term lease cost13,908 14,573 13,880 
Variable lease cost27 20 
Total lease expense$26,503 $23,176 $21,604 

The following table provides supplemental cash flow and other information related to leases for the periods indicated (in thousands):

Year Ended December 31,
202320222021
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases (1)
$3,178 $2,929 $2,560 
Operating cash flows from finance leases (1)
1,234 356 326 
Financing cash flows from finance leases8,516 4,741 4,367 
ROU assets obtained in exchange for new lease liabilities:
Finance leases17,940 7,873 2,083 
Operating leases (2)
1,020 3,269 1,385 
______________
(1)Amounts are included in Other operating activities on the consolidated cash flow statements.
(2)2022 amount includes four operating lease agreements for office and terminal locations with affiliates of Scott Bosard, one of the Sellers of Firebird and Phoenix, for periods ranging from two to five years (see Note 6 and Note 10 for further information).
The following table provides lease terms and discount rates for the periods indicated:

Year Ended December 31,
202320222021
Weighted-average remaining lease term (years):
Finance leases3.573.543.60
Operating leases2.923.523.85
Weighted-average discount rate:
Finance leases5.6 %3.5 %2.6 %
Operating leases4.3 %4.0 %3.8 %
Schedule of Lease Assets and Liabilities
The following table provides supplemental balance sheet information related to leases at the dates indicated (in thousands):

December 31,
20232022
Assets
Finance lease ROU assets (1)
$24,681 $15,264 
Operating lease ROU assets5,832 7,720 
Liabilities
Current
Finance lease liabilities6,206 4,382 
Operating lease liabilities2,829 2,712 
Noncurrent
Finance lease liabilities19,685 12,085 
Operating lease liabilities3,006 5,007 
______________
(1)Amounts are included in Property and equipment, net on the consolidated balance sheets.
Schedule of Lessee, Operating Lease, Liability, Maturity
The following table provides maturities of undiscounted lease liabilities at December 31, 2023 (in thousands):
Finance Operating
LeaseLease
2024$7,463 $3,009 
20257,284 1,273 
20265,615 1,047 
20276,047 602 
20282,789 219 
Thereafter— 18 
Total lease payments29,198 6,168 
Less: Interest(3,307)(333)
Present value of lease liabilities25,891 5,835 
Less: Current portion of lease obligation(6,206)(2,829)
Total long-term lease obligation$19,685 $3,006 
The following table provides maturities of undiscounted lease liabilities at December 31, 2022 (in thousands):
Finance Operating
LeaseLease
2023$4,870 $2,958 
20243,629 2,617 
20254,652 962 
20262,482 879 
20272,179 570 
Thereafter— 237 
Total lease payments17,812 8,223 
Less: Interest(1,345)(504)
Present value of lease liabilities16,467 7,719 
Less: Current portion of lease obligation(4,382)(2,712)
Total long-term lease obligation$12,085 $5,007 
Schedule of Finance Lease, Liability, Maturity
The following table provides maturities of undiscounted lease liabilities at December 31, 2023 (in thousands):
Finance Operating
LeaseLease
2024$7,463 $3,009 
20257,284 1,273 
20265,615 1,047 
20276,047 602 
20282,789 219 
Thereafter— 18 
Total lease payments29,198 6,168 
Less: Interest(3,307)(333)
Present value of lease liabilities25,891 5,835 
Less: Current portion of lease obligation(6,206)(2,829)
Total long-term lease obligation$19,685 $3,006 
The following table provides maturities of undiscounted lease liabilities at December 31, 2022 (in thousands):
Finance Operating
LeaseLease
2023$4,870 $2,958 
20243,629 2,617 
20254,652 962 
20262,482 879 
20272,179 570 
Thereafter— 237 
Total lease payments17,812 8,223 
Less: Interest(1,345)(504)
Present value of lease liabilities16,467 7,719 
Less: Current portion of lease obligation(4,382)(2,712)
Total long-term lease obligation$12,085 $5,007