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Leases (Tables)
 6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Lease, Cost
Lease expense is included in office and technology expenses in the unaudited Consolidated Statements of Operations. Information regarding the Company’s leases follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)2023202220232022
Operating leases$721 $616 $1,393 $1,179 
Finance leases:
Amortization of lease assets54 — 108 — 
Interest on lease liabilities6 — 13 — 
Short-term leases (b)18 46 70 113 
Lease expense$799 $662 $1,584 $1,292 
Sub-lease income— — — — 
Lease cost$799 $662 $1,584 $1,292 
(b)Leases with an initial term of twelve months or less are not recorded on the unaudited Consolidated Balance Sheets.
Lessee, Lease Liability, Current and Non-current
Components of the operating lease liability presented on the unaudited Consolidated Balance Sheets are as follows:
(in thousands)As of
June 30, 2023		As of
December 31, 2022
Current:
Operating lease liabilities$1,209 $1,693 
Finance lease liabilities115 218 
Non-current:
Operating lease liabilities5,202 4,401 
Finance lease liabilities523 527 
Total lease liabilities$7,049 $6,839 
Lessee, Lease Liability, Maturity
The future minimum lease payments for leases that have initial or remaining noncancelable lease terms in excess of one year as of June 30, 2023, are summarized as follows:
Year Ended (in thousands)Operating LeasesFinance
Leases		Total
2023$1,320 $121 $1,441 
20242,197 202 2,399 
20251,684 171 1,855 
20261,067 134 1,201 
2027337 51 388 
Thereafter214 — 214 
Total undiscounted payments$6,819 $679 $7,498 
Less: present value adjustment(408)(41)(449)
Lease liabilities$6,411 $638 $7,049 
Lease Other Information
Supplemental lease information is as follows:
As of
June 30, 2023		As of
December 31, 2022
Weighted average remaining lease term (years)
Operating Leases3.293.43
Finance Leases3.393.80
Weighted average discount rate
Operating Leases3.9 %3.9 %
Finance Leases3.7 %3.7 %