Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Summary of Components of Lease Cost Recorded on the Condensed Consolidated Statements of Operations

The components of lease cost recorded on the condensed consolidated statements of operations were as follows:

 

 

 

For the Three Months
Ended June 30,

 

 

For the Six Months
Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

(in thousands)

 

Finance lease cost:

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation of right-of-use assets

 

$

2,358

 

 

$

2,393

 

 

$

4,819

 

 

$

4,904

 

Interest on lease liabilities

 

 

3,965

 

 

 

4,127

 

 

 

7,992

 

 

 

8,394

 

Operating lease costs included in site operating expenses

 

 

48,609

 

 

 

48,139

 

 

 

96,881

 

 

 

96,096

 

Operating lease costs included in general and administrative
   expenses

 

 

456

 

 

 

482

 

 

 

944

 

 

 

1,015

 

Lease cost related to variable lease payments, short-term
   leases and leases of low value assets

 

 

309

 

 

 

535

 

 

 

859

 

 

 

1,135

 

Right-of-use asset impairment charges and loss (gain) on
  disposals of leases

 

 

1,758

 

 

 

1,173

 

 

 

2,772

 

 

 

1,858

 

Total lease costs

 

$

57,455

 

 

$

56,849

 

 

$

114,267

 

 

$

113,402