Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.24.3
LEASES (Tables)
9 Months Ended
Sep. 30, 2024
LEASES  
Schedule of Reconciliation Of Lease Obligations

(in thousands)

 

 Operating Leases

 

 

Finance Leases 

 

 

Total

 

Lease obligation

 

 

 

 

 

 

 

 

 

December 31, 2023

 

$ 19,402

 

 

 

110

 

 

 

19,512

 

Lease principal payments

 

 

(955 )

 

 

(110 )

 

 

(1,065 )

September 30, 2024

 

$ 18,447

 

 

 

-

 

 

 

18,447

 

Schedule of Lease Expense

 

 

Three Months Ended

 

 

Nine Months Ended

 

Finance Leases

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

(in thousands)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Amortization of leased assets (1)

 

$ -

 

 

$ 939

 

 

$ 41

 

 

$ 2,329

 

Interest on lease liabilities (2)

 

 

-

 

 

 

459

 

 

 

2

 

 

 

1,441

 

Total

 

$ -

 

 

$ 1,398

 

 

$ 43

 

 

$ 3,770

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

Operating Leases

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

(in thousands)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Amortization of leased assets (1)

 

$ 361

 

 

$ -

 

 

$ 1,140

 

 

$ -

 

Interest on lease liabilities (1)

 

 

396

 

 

 

-

 

 

 

1,165

 

 

 

-

 

Total

 

$ 757

 

 

$ -

 

 

$ 2,305

 

 

$ -

 

Schedule of Future Lease Payments

(in thousands)

 

September 30,

2024

 

Balance of 2024

 

$ 828

 

2025

 

 

3,258

 

2026

 

 

3,240

 

2027

 

 

3,324

 

2028 and beyond

 

 

16,847

 

Total lease payments

 

 

27,497

 

Less imputed interest

 

 

(9,050 )

Total

 

$ 18,447