LEASES (Tables)

6 Months Ended

Jun. 30, 2022

Leases [Abstract]

Assets And Liabilities, Lessee

The following table shows the classification and location of our right-of-use assets and lease liabilities on our Consolidated Balance Sheets (in thousands):

Leases	Consolidated Balance Sheets Classification	June 30, 2022		December 31, 2021
Right of use asset
Operating	Other non-current assets	$	12,872	$	10,166
Finance	Property, plant and equipment, net	57,295		57,883
Total leased assets		$	70,167	$	68,049
Liabilities
Current
Operating	Accrued and other liabilities	$	2,473	$	2,147
Finance	Accrued and other liabilities	136		132
Non-Current
Operating	Other non-current liabilities	11,910		9,563
Finance	Finance lease liabilities	50,034		50,103
Total leased liabilities		$	64,553	$	61,945

Other information about lease amounts recognized in our Consolidated Financial Statements is as follows:

	June 30, 2022
Lease term and discount rate
Weighted average remaining lease term (years)
Operating lease	5.0
Finance lease	48.9
Weighted average discount rate
Operating lease	6.1	%
Finance lease	9.4	%

Schedule of Lease, Cost

Lease costs recognized in our Consolidated Statements of Operations is summarized as follows (in thousands):

	Six months ended
Lease Costs	2022		2021
Operating lease cost	$	1,452	$	1,448
Finance lease cost
Amortization of lease assets	587		201
Interest on lease liabilities	1,990		911
Finance lease cost	$	2,577	$	1,112
Total lease cost	$	4,029	$	2,560

The following table includes other quantitative information for our operating and finance leases (in thousands):

	Six Months Ended June 30,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,494	$	724
Operating cash flows from finance leases	$	—	$	—
Financing cash flows from finance leases	$	2,668	$	—

Schedule of Finance Lease, Liability, Maturity

The table below presents a maturity analysis of our lease liability on an undiscounted basis and reconciles those amounts to the present value of the lease liability as of June 30, 2022 (in thousands):

	Operating		Finance
2022	$	1,614	$	2,055
2023	3,316		4,111
2024	3,359		4,111
2025	3,401		4,111
2026	3,423		4,111
After 2026	1,633		182,222
Total lease payments	$	16,746	$	200,721
Less: discount	2,362		150,551
Present value of lease liability	$	14,384	$	50,170

Schedule of Operating Lease Maturity

The table below presents a maturity analysis of our lease liability on an undiscounted basis and reconciles those amounts to the present value of the lease liability as of June 30, 2022 (in thousands):

	Operating		Finance
2022	$	1,614	$	2,055
2023	3,316		4,111
2024	3,359		4,111
2025	3,401		4,111
2026	3,423		4,111
After 2026	1,633		182,222
Total lease payments	$	16,746	$	200,721
Less: discount	2,362		150,551
Present value of lease liability	$	14,384	$	50,170