The Company has operating leases for the use of equipment, corporate office space, and some of its terminal and distribution facilities. The leases have remaining lease terms of 0 to 6 years, with a weighted-average remaining lease term of 4 and 3 years at March 31, 2023 and December 31, 2022, respectively. Some operating leases include options to extend the leases for up to 5 years.

The components of lease costs for the three months ended March 31, 2023 and 2022 were as follows (in thousands):

(1)

Includes the costs of leases with a term of one year or less.

As of March 31, 2023, future minimum payments under operating leases that were either non-cancelable or subject to significant penalty upon cancellation, including future minimum payments under renewal options that the Company is reasonably certain to exercise, were as follows (in thousands):



2023 (excluding the three months ended March 31, 2023)	$	1,105
2024		1,445
2025		1,187
2026		1,106
2027		694
Thereafter		250
Total future minimum lease payments		5,787
Less imputed interest		(285)
Present value of lease liabilities	$	5,502

Supplemental cash flow information pertaining to the Company’s leasing activity for the three months ended March 31, 2023 and 2022 is as follows (in thousands):


	Three Months Ended March 31,
	2023		2022
Cash payments for lease liabilities included in operating cash flows	$	417	$	349
Right-of-use assets obtained in exchange for operating lease obligations	$	81	$	492