Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.21.2
Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Non-cancellable Portion of this Lease
As of June 30, 2021, our annual commitments in connection with the non-cancellable portion of this lease are as follows (in thousands):
2021 $ 1,117 
2022 1,861 
2023 1,861 
2024 1,861 
2025 1,861 
Thereafter 35,251 
Total commitment $ 43,812 
The table below presents a maturity analysis of our lease liability on an undiscounted basis and reconciles those amounts to the present value of the lease liability as of June 30, 2021 (in thousands):
Maturity of lease liability Operating Finance
2021 $ 1,488  $ 913 
2022 3,006  1,826 
2023 3,044  1,826 
2024 3,081  1,826 
2025 3,119  1,826 
Thereafter 1,861  82,368 
Total lease payments $ 15,599  $ 90,585 
Less: discount 2,893  77,076 
Present value of lease liability $ 12,706  $ 13,509