LEASES (Tables) |
9 Months Ended |
|---|---|
Sep. 30, 2023 | |
| Leases [Abstract] | |
| Summary of lease expense and other information related to operating leases |
Three Months Ended
Nine Months Ended
September 30,
September 30,
(Dollars in Thousands)
2023
2022
2023
2022
Operating lease expense
$
710
$
427
$
2,114
$
1,202
Short-term lease expense
167
158
438
495
Total lease expense
$
877
$
585
$
2,552
$
1,697
Other information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases
$
720
$
439
$
2,131
$
1,303
Right-of-use assets obtained in exchange for new operating lease liabilities
55
2,406
3,048
3,598
Weighted average
18.4
22.0
18.4
22.0
Weighted average
3.3%
2.2%
3.3%
2.2%
|
| Summary of maturity of remaining lease liabilities |
The table below summarizes the maturity of remaining lease liabilities:
(Dollars in Thousands)
September 30, 2023
2023
$
955
2024
2,723
2025
2,487
2026
2,336
2027
2,246
2028 and thereafter
21,045
Total
$
31,792
Less: Interest
(7,613)
Present Value
$
24,179
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| X | ||||||||||
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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