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Leases (Tables)
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Schedule of Rent Expense of Operating Leases

The following table presents rent expense for all operating leases, including those rented on a monthly or temporary basis as of the periods indicated:

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(Dollars in thousands)

 

Rental expense

 

$

491

 

 

$

463

 

 

$

916

 

 

$

966

 

Schedule of Minimum Future Commitments of Operating Leases

The following table presents minimum future commitments by year for the Company’s operating leases. Such commitments are reflected as undiscounted values and are reconciled to the discounted present value recognized on the consolidated balance sheet.

 

 

 

June 30, 2022

 

 

 

(Dollars in thousands)

 

2022 (six months)

 

$

929

 

2023

 

 

1,565

 

2024

 

 

1,205

 

2025

 

 

989

 

2026

 

 

647

 

Thereafter

 

 

1,314

 

Total lease payments

 

 

6,649

 

Less imputed Interest

 

 

(1,483

)

Operating lease liability

 

$

5,166

 

Scheduled of Minimum Future Contractual Rent To be Received Under The Remaining Non-Cancelable Term of Operating Leases The following table presents the scheduled minimum future contractual rent to be received under the remaining non-cancelable term of the operating leases:

 

 

 

June 30, 2022

 

 

 

(Dollars in thousands)

 

2022 (six months)

 

$

1,872

 

2023

 

 

3,043

 

2024

 

 

2,918

 

2025

 

 

2,213

 

2026

 

 

1,847

 

2027-2031

 

 

3,559

 

Total future minimum lease payments

 

$

15,452