Annual report pursuant to Section 13 and 15(d)

LEASES (Tables)

v3.24.0.1
LEASES (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of weighted-average remaining lease terms and discount rates
The weighted-average remaining lease term and the weighted-average discount rate for the Company's operating leases as of December 31, 2023 are as follows:
December 31, 2023
Weighted-average remaining lease term
Real estate leasehold interests 24 years
Office leases 4 years
Solar Panels 19 years
Weighted-average remaining discount rate
Real estate leasehold interests 4.8  %
Office leases 3.8  %
Solar Panels 4.3  %
Schedule of future minimum lease payments under operating leases
As of December 31, 2023, the future minimum lease payments under the Company's operating leases, for which the Company is a lessee, are as follows (dollars in thousands):
Year Ending December 31, Real Estate Leasehold Interests Office Leases Solar Panels Total
2024 $ 1,442  $ 450  $ 150  $ 2,042 
2025 1,493  456  154  2,103 
2026 1,520  429  165  2,114 
2027 1,536  97  165  1,798 
2028 1,542  97  170  1,809 
2029 through 2092 26,613  —  3,008  29,621 
Total lease payments $ 34,146  $ 1,529  $ 3,812  $ 39,487 
Less imputed interest (13,914) (98) (1,280) (15,292)
Total $ 20,232  $ 1,431  $ 2,532  $ 24,195