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)

6 Months Ended

Jun. 30, 2024

Summary of supplemental consolidated balance sheet information


(in thousands)			June 30,			December 31,
	Classification		2024			2023
Assets
Right-of-Use Assets	Right-of-Use Assets		$	15,839		$	16,726
Liabilities
Current Lease Liabilities	Accrued and Other Current Liabilities		$	1,763		$	1,676
Noncurrent Lease Liabilities	Other Long-Term Liabilities			14,242			14,716

Summary of supplemental statement of operation information


(in thousands)	Three Months Ended June 30,						Six Months Ended June 30,
		2024			2023			2024			2023
Direct Operating Costs	$	340		$	310		$	676		$	603
General and Administrative		517			177			1,034			397
Total Lease Cost	$	857		$	487		$	1,710		$	1,000

Summary of supplemental statement of cash flow information


(in thousands)	Six Months Ended June 30,
		2024			2023
Cash Paid for Amounts Included in Lease Liabilities	$	1,209		$	625
Right-of-Use Assets Obtained in Exchange for Operating Lease Liabilities, Net		333			1,415

Summary of lease terms and discount rates


		June 30, 2024			December 31, 2023
Weighted Average Remaining Lease Term (Years)			7.2			7.6
Weighted Average Discount Rate			6.34%			6.30%

Summary of annual operating lease maturities


(in thousands)
Remainder of 2024			$	1,300
2025				2,210
2026				1,941
2027				3,182
2028				2,748
Thereafter				8,941
Total Lease Payments				20,322
Less: Interest				(4,317)
Present Value of Lease Liabilities			$	16,005