v3.22.4
Leases
3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Leases

Note 9 – Leases

Related Party Leases

The Company has various lease obligations with related parties for trucks, office space and terminals expiring at various dates through January 2029. During the three months ended March 31, 2022 and 2021 the Company incurred approximately $0.4 million and $0.4 million of related party lease costs, respectively. At March 31, 2022 and December 31, 2021, the Company had the following balances recorded in the condensed consolidated balance sheets related to its lease arrangements with related parties:

 

($ in thousands)

 

Classification

 

March 31,
2022

 

 

December 31,
2021

 

Assets

 

 

 

 

 

 

 

 

Operating leases

 

Right-of-use-asset

 

$

1,784

 

 

$

2,107

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Current:

 

 

 

 

 

 

 

 

Operating leases

 

Operating lease liabilities, current portion

 

 

569

 

 

 

840

 

 

 

 

 

 

 

 

 

 

Non-current:

 

 

 

 

 

 

 

 

Operating leases

 

Operating lease liabilities, less current portion

 

 

1,093

 

 

 

1,125