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