|3 Months Ended|
Mar. 31, 2023
Note 9 – Leases
The components of lease expense for the three months ended March 31, 2023 and 2022 were as follows (in thousands):
The components of finance lease assets and liabilities on the consolidated balance sheet were as follows (in thousands):
The Company has entered into three operating leases for future restaurants in Washington D.C., Aventura, Florida, and Salt Lake City, Utah that have not commenced as of March 31, 2023. The present value of the aggregate future commitment related to these
leases totals $4.2 million. The Company expects these leases, which have an initial lease term of 10 to 12 years, to commence within the next twelve months.
Supplemental cash flow information related to leases for the period was as follows (in thousands):
As of March 31, 2023, maturities of the Company’s operating lease liabilities are as follows (in thousands):
As of March 31, 2023, maturities of the Company’s finance lease liabilities are as follows (in thousands):
The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef