v3.25.4
Leases
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Leases
19.
Leases

The Company has operating leases for corporate and medical offices. These leases have remaining lease terms ranging from 3 months to 20 years, some of which may include options to extend the leases for up to ten years, and some of which may include options to terminate the leases within one year. These leases consist of fixed or variable payments. Variable lease payments are based on an index or a rate such as the Consumer Price Index.

Leases with an initial term of 12 months or less are not recorded on the consolidated balance sheets.

During the years ended December 31, 2025, 2024 and 2023, operating lease costs were $9.2 million, $12.6 million and $7.8 million, respectively. Short-term and variable lease costs were $5.8 million and $1.4 million, respectively, for the year ended December 31, 2025. Other information related to operating leases was as follows (dollars in thousands):

 

Years Ended December 31 ,

 

 

2025

 

 

2024

 

 

2023

 

Supplemental Cash Flows Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

7,686

 

 

$

11,574

 

 

$

7,783

 

 

 

 

 

 

 

 

 

 

Right-of-use assets obtained in exchange for lease liabilities:

 

 

 

 

 

 

 

 

 

Operating leases

 

 

11,875

 

 

 

14,117

 

 

 

25,124

 

 

 

 

December 31, 2025

 

 

December 31, 2024

 

 

 

 

 

 

 

Weighted-Average Remaining Lease Term

 

6.12 years

 

 

7.07 years

 

 

 

 

 

 

 

Weighted-Average Discount Rate

 

 

6.72

%

 

 

6.71

%

Future minimum lease payments under non-cancellable leases as of December 31, 2025 were as follows (in thousands):

Years ending December 31,

 

Operating
Leases

 

2026

 

$

10,151

 

2027

 

 

8,665

 

2028

 

 

7,777

 

2029

 

 

6,331

 

2030

 

 

5,129

 

Thereafter

 

 

10,876

 

 

 

 

Total future minimum lease payments

 

 

48,929

 

Less: imputed interest

 

 

9,568

 

Total lease obligations

 

 

39,361

 

Less: current portion

 

 

7,809

 

Long-term lease obligations

 

$

31,552