v3.25.2
Leases
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Leases Leases:
The Company leases certain office space and equipment for use in its operations. The Company recognizes lease expense for these leases on a straight-line basis over the lease term. Some leases contain renewal options and, in accordance with ASC Topic 842, Leases, the lease term includes those renewals only to the extent that they are reasonably certain to be exercised.
Lease cost included in the accompanying unaudited condensed consolidated statements of income as a component of selling, general and administrative costs is presented in the table below (in thousands).
 Three months ended June 30,Six months ended June 30,
 2025202420252024
Operating leases costs$220 $170 $486 $339 
Variable lease costs - operating$31 $74 $79 $110 
The following table presents additional information about the Company’s leases (dollars in thousands):
 June 30,
2025		December 31,
2024
Right-of-use (ROU) assets$2,171 $3,065 
Lease liabilities$2,268 $3,183 
ROU assets are included within other assets and lease liabilities are included within accrued expenses and other liabilities in the accompanying unaudited condensed consolidated balance sheets.