Aris Water Solutions, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

Leases (Tables)

9 Months Ended

Sep. 30, 2023

Summary of supplemental consolidated balance sheet information


(in thousands)			September 30,			December 31,
	Classification		2023			2022
Assets
Right-of-Use Assets	Right-of-Use Assets		$	16,760		$	9,135
Liabilities
Current Lease Liabilities	Accrued and Other Current Liabilities		$	1,504		$	1,176
Noncurrent Lease Liabilities	Other Long-Term Liabilities			14,543			7,719

Summary of supplemental statement of operation information


(in thousands)	Three Months Ended						Nine Months Ended
	September 30,						September 30,
		2023			2022			2023			2022
Direct Operating Costs	$	324		$	244		$	927		$	690
General and Administrative		230			166			627			498
Total Lease Cost	$	554		$	410		$	1,554		$	1,188

Summary of supplemental statement of cash flow information


(in thousands)	Nine Months Ended September 30,
		2023			2022
Cash Paid for Amounts Included in Lease Liabilities	$	1,051		$	969
Right-of-Use Assets Obtained in Exchange for Operating Lease Liabilities, Net		9,462			723

Summary of lease terms and discount rates



			September 30, 2023			December 31, 2022
Weighted Average Remaining Lease Term (Years)				7.8			6.6
Weighted Average Discount Rate				6.17%			2.85%

Summary of annual operating lease maturities


(in thousands)
Remainder of 2023			$	462
2024				2,315
2025				2,072
2026				1,814
2027				2,954
Thereafter				11,186
Total Lease Payments				20,803
Less: Interest				(4,756)
Present Value of Lease Liabilities			$	16,047