General form of registration statement for all companies including face-amount certificate companies

Financing Obligation (Tables)

v3.22.2.2
Financing Obligation (Tables)
12 Months Ended
Dec. 31, 2021
Financing Obligation [Abstract]  
Schedule of Financing Obligation
The following tables summarizes the financing obligation and the presentation in our Consolidated Statements of Operations for the period presented:
 
 
  
Year Ended
December 31,
 
 
  
2021
 
  
2020
 
 
 
 
  
(in thousands)
 
Finance obligation:
  
     
  
     
Amortization of financing obligation assets
   $ 433      $ 215  
Interest on financing liabilities
     1,076        475  
    
 
 
    
 
 
 
Total financing liabilities
   $ 1,509      $ 690  
    
 
 
    
 
 
 
Schedule of Future Payments for Financing Obligations
The following table summarizes future financing obligation payments by fiscal year:
 
 
  
Finance
Obligation
 
For the year ending December 31,
  
     
(in thousands)
  
     
2022
   $ 1,479  
2023
     1,537  
2024
     1,591  
2025
     1,623  
2026
     1,655  
Thereafter
     26,597  
Total financing obligation payments
     34,482  
Amount representing interest
     (25,294 ) 
Net financing obligation and asset at end of term
     3,882  
Total financing obligation
   $ 13,070