v3.26.1
Leases (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Components of Lease Expense

The components of lease expense are as follows:

 

 

 

For the three months ended,

 

 

For the six months ended,

 

(In thousands)

 

June 30, 2026

 

 

June 30, 2025

 

 

June 30, 2026

 

 

June 30, 2025

 

Operating lease cost

 

$

39

 

 

$

42

 

 

$

78

 

 

$

92

 

Finance lease cost

 

 

425

 

 

 

430

 

 

 

850

 

 

 

859

 

Total lease cost

 

$

464

 

 

$

472

 

 

$

928

 

 

$

951

 
Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:

 

 

 

For the three months ended,

 

 

For the six months ended,

 

(In thousands)

 

June 30, 2026

 

 

June 30, 2025

 

 

June 30, 2026

 

 

June 30, 2025

 

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

 

 

 

 

 

 

 

     Operating cash flows from operating leases

 

$

35

 

 

$

38

 

 

$

70

 

 

$

84

 

     Operating cash flows from finance leases

 

 

425

 

 

 

430

 

 

 

850

 

 

 

859

 

     Financing cash flows from finance leases

 

 

116

 

 

 

111

 

 

 

232

 

 

 

222

 
Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

 

(In thousands, except lease term and discount rate)

 

As of June 30, 2026

 

 

As of December 31, 2025

 

Operating Leases:

 

 

 

 

 

 

Operating lease right-of-use assets

 

$

1,046

 

 

$

1,098

 

Operating lease liabilities

 

 

1,259

 

 

 

1,304

 

 

 

 

 

 

 

 

Finance Leases:

 

 

 

 

 

 

Finance lease right-of-use assets

 

$

15,489

 

 

$

15,885

 

Finance lease liabilities

 

 

16,201

 

 

 

16,390

 

 

 

 

 

 

 

 

Weighted Average Remaining Lease Term:

 

 

 

 

 

 

Operating leases

 

18.10 years

 

 

18.11 years

 

Finance leases

 

20.54 years

 

 

21.02 years

 

 

 

 

 

 

 

 

Weighted Average Discount Rate:

 

 

 

 

 

 

Operating leases

 

 

4.03

%

 

 

4.02

%

Finance leases

 

 

6.02

%

 

 

6.02

%
Maturities of Lease Liabilities aturities of lease liabilities are as follows:

 

(In thousands)

 

 

 

 

 

 

Twelve Months Ending June 30,

 

Operating Leases

 

 

Finance Leases

 

2027

 

$

94

 

 

$

387

 

2028

 

 

82

 

 

 

406

 

2029

 

 

88

 

 

 

432

 

2030

 

 

84

 

 

 

457

 

2031

 

 

28

 

 

 

483

 

Thereafter

 

 

883

 

 

 

14,036

 

Total future maturities of lease liabilities

 

$

1,259

 

 

$

16,201