Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Lease Costs

The Company recorded the following lease costs for the years ended December 31, 2023 and 2022:


		Year Ended December 31,
(in thousands)		2023				2022
Lease Cost
Capitalized operating lease cost		$	2,202			$	2,676
Variable lease cost			—				1
Total lease cost		$	2,202			$	2,677


(in thousands)
Supplemental Cash Flow and Other Information
Cash paid for amounts included in measurement of lease liabilities and capitalized operating leases:
Operating cash flows		$	2,052			$	3,145

Right-of-use assets obtained in exchange for lease liabilities:
Capitalized operating leases		$	1,563			$	982

Schedule of Leases Term and Discount Rate

Lease term and discount rate consisted of the following as of:


		December 31, 2023				December 31, 2022
Weighted-average remaining lease term (in years):
Capitalized operating leases			4.80				5.78

Weighted-average discount rate:
Capitalized operating leases			4.6	%			4.2	%

Schedule Of Future Minimum Payments For Operating Leases

The table below reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under noncancelable operating leases with terms of more than one year to the total operating lease liabilities recognized on the consolidated balance sheets as of December 31, 2023.


(in thousands)		Capitalized Operating Lease
2024		$	2,699
2025			2,681
2026			2,684
2027			2,456
2028			2,177
Thereafter			181
		$	12,878

Imputed interest			1,267
Operating lease liability balance at December 31, 2023		$	11,611