Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.21.2
Leases (Tables)
9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Schedule of Assets and Liabilities, Lessee The table below sets forth supplemental condensed consolidated balance sheet information related to our leases:
September 30, 2021 December 31, 2020
Operating Leases:
Operating lease assets $ 40,355  $ 39,151 
Current portions of operating lease liabilities $ 6,258  $ 6,106 
Long-term portions of operating lease liabilities 36,373  35,300 
Total operating lease liabilities $ 42,631  $ 41,406 
Weighted-average remaining lease term 12 years 12 years
Weighted-average discount rate 5.74  % 5.94  %
Financing Leases:
Energy assets $ 32,408  $ 34,005 
Current portions of financing lease liabilities $ 3,745  $ 4,273 
Long-term financing lease liabilities, net of current portion, unamortized discount and debt issuance costs 17,607  19,227 
Total financing lease liabilities $ 21,352  $ 23,500 
Weighted-average remaining lease term 15 years 16 years
Weighted-average discount rate 12.02  % 11.94  %
Schedule of Other Lease Cost Details The costs related to our leases were as follows:
Three Months Ended September 30, Nine Months Ended September 30,
2021 2020 2021 2020
Operating Leases:
Operating lease costs $ 2,165  $ 2,001  $ 6,505  $ 5,933 
Financing Leases:
Amortization expense 532  533  1,597  1,597 
Interest on lease liabilities 608  723  1,932  2,282 
Total lease costs $ 3,305  $ 3,257  $ 10,034  $ 9,812 
Supplemental cash flow information related to our leases was as follows:
Nine Months Ended September 30,
2021 2020
Cash paid for amounts included in the measurement of operating lease liabilities $ 6,347  $ 5,690 
Right-of-use assets (“ROU”) obtained in exchange for new operating lease liabilities $ 6,544  $ 8,087 
Schedule of Operating Lease Liability Maturity The table below sets forth our estimated minimum future lease obligations under our leases:
  Operating Leases Financing Leases
Year ended December 31,  
2021 $ 2,037  $ 3,305 
2022 8,326  5,179 
2023 6,952  3,676 
2024 5,804  2,565 
2025 4,703  2,213 
Thereafter 33,254  21,866 
Total minimum lease payments 61,076  38,804 
Less: interest 18,445  17,452 
Present value of lease liabilities $ 42,631  $ 21,352 
Schedule of Finance Lease Liability Maturity The table below sets forth our estimated minimum future lease obligations under our leases:
  Operating Leases Financing Leases
Year ended December 31,  
2021 $ 2,037  $ 3,305 
2022 8,326  5,179 
2023 6,952  3,676 
2024 5,804  2,565 
2025 4,703  2,213 
Thereafter 33,254  21,866 
Total minimum lease payments 61,076  38,804 
Less: interest 18,445  17,452 
Present value of lease liabilities $ 42,631  $ 21,352