Annual report pursuant to Section 13 and 15(d)

LEASES (Tables)

v3.22.4
LEASES (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of operating lease liability
Future amounts due under operating lease liabilities as of December 31, 2022, were as follows (in thousands):
2023 $ 13,752 
2024 13,439 
2025 836 
2026 561 
2027 10 
Total lease payments $ 28,598 
Less: imputed interest (1,885)
Total $ 26,713 
Schedule of lease cost
Lease costs incurred for the year ended December 31, 2022, Prior Successor Period and Prior Predecessor Period consisted of the following (in thousands):
Successor Predecessor
Year Ended December 31, 2022 Period from May 18, 2021 through December 31, 2021 Period from January 1, 2021 through May 17, 2021
Operating lease cost $ 535  $ 48  $ 41 
Variable lease cost —  3  — 
Short-term lease cost 31,987  11,507  4,496 
Total lease cost(1)
$ 32,522  $ 11,558  $ 4,537 
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(1)    The majority of the Company's total lease cost was capitalized to the full cost pool, and the remainder was included in either lease operating expenses or general and administrative expenses in the accompanying consolidated statements of operations.
Supplemental cash flow information for the year ended December 31, 2022, Prior Successor Period and Prior Predecessor Period related to leases was as follows (in thousands):
Successor Predecessor
Year Ended December 31, 2022 Period from May 18, 2021 through December 31, 2021 Period from January 1, 2021 through May 17, 2021
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases $ 601  $ 78  $ 48