LEASES (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Lessee, Operating Lease, Liability, Maturity

The table below summarizes our lease expense and other information related to the Company’s operating leases with respect to FASB ASC 842:

	Twelve Months Ended Dec 31, 2022
Operating lease expense	$	7,843,282
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	7,706,605
Weighted-average remaining lease term – operating leases (in years)	7.09
Weighted-average discount rate – operating leases	4.84		%
Lease Maturity Schedule as of December 31, 2022:	Amount
2023	7,785,034
2024	7,003,616
2025	6,642,211
2026	6,086,452
2027	5,296,864
2028 and beyond	13,308,568
Total	46,122,745
Less: Discount	(7,103,537)
Present Value of Lease Liability	$	39,019,208
Present Value of Lease Asset	$	38,153,238

	Twelve Months Ended Dec 31, 2021
Operating lease expense	$	7,499,568
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	7,381,898
Weighted-average remaining lease term – operating leases (in years)	7.05
Weighted-average discount rate – operating leases	4.47		%
Lease Maturity Schedule as of December 31, 2021:	Amount
2022	7,260,471
2023	6,385,647
2024	5,604,799
2025	5,249,730
2026	4,696,343
2027 and beyond	11,956,205
Total	41,153,195
Less: Discount	(5,713,818)
Present Value of Lease Liability	$	35,439,377
Present Value of Lease Asset	$	34,768,208