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LEASES (Tables)
 3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Schedule of Lease Cost
The Company's finance lease liabilities consisted of the following as of March 31, 2023 and December 31, 2022 (in thousands):
CreditorLoan TypeMarch 31, 2023December 31, 2022
VRA Finance leaseFinance Lease$45,029 $45,311 
PlaqueminesFinance Lease1,145 1,169 
Harvey Ford Finance Lease46 47 
DLL financialFinance Lease23 — 
Centerpoint BlakelyFinance Lease14,998 — 
$61,241 $46,527 
The following table summarizes the lease cost recognized in our consolidated statements of operations (in thousands):
Three Months Ended March 31,
Lease Cost Type20232022
Amortization of finance lease ROU assets$784 $28 
Interest on lease liabilities1,382 6 
Net finance lease costs$2,166 $34 
The following table summarizes the operating lease costs recognized (in thousands):
Three Months Ended March 31,
Lease Cost Type20232022
Operating lease cost$3,070 $1,434 
Variable lease cost260 45 
Short-term lease cost1,929 1,864 
Net lease cost$5,259 $3,343 
The following table summarizes the supplemental cash flow information related to leases as follows (in thousands):
Three Months Ended March 31,
Lease Cost Type20232022
Cash paid for amounts included in the measurement of liabilities
Payments on financing lease$310 $98 
Payments on operating lease$3,070 $1,434 
Non-cash supplemental amounts
ROU assets obtained from new finance lease liabilities$15,024 $— 
ROU assets obtained from new operating lease liabilities$15,078 $— 
The weighted average remaining lease terms and discount rates for all of our operating leases were as follows as of March 31, 2023:
Remaining lease term and discount rate:March 31, 2023
Weighted average remaining lease terms (years)
   Lease facilities5.21
   Lease equipment4.47
   Lease plant14.02
   Lease railcar2.25
Weighted average discount rate
   Lease facilities9.22 %
   Lease equipment11.70 %
   Lease plant10.62 %
   Lease railcar8.00 %
Schedule of Finance Lease, Liability, Fiscal Year Maturity
Future maturities of finance lease obligations, as of March 31, 2023, are summarized as follows (in thousands):
Period Ended March 31,Amount Due
2024$7,834 
20257,834 
20267,831 
20277,824 
202819,955 
Thereafter62,790 
Total lease payments114,068 
Less: interest(52,827)
Present value of financing lease liabilities$61,241 
Schedule of Maturities of Operating Lease Liabilities
Maturities of our lease liabilities for all operating leases are as follows as of March 31, 2023 (in thousands):
For the period ending March 31,FacilitiesEquipmentPlantRailcarTotal
2024$590 $3,929 $7,259 $1,359 $13,137 
2025435 3,708 7,259 846 12,248 
2026345 3,401 7,259 479 11,484 
2027300 3,401 7,263 320 11,284 
2028300 2,186 7,314 122 9,922 
Thereafter1,375 — 64,807 — 66,182 
Total lease payments3,345 16,625 101,161 3,126 124,257 
Less: interest(992)(3,733)(50,656)(241)(55,622)
Present value of operating lease liabilities$2,353 $12,892 $50,505 $2,885 $68,635