Company: NODK
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001174947-25-001356
Chunk: 43

Company: NI Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 43
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 are included in other assets in the Consolidated Balance Sheets.

There were expenses of $114 and $121 related to
these leases during the three months ended September 30, 2025 and 2024, respectively, and $344 and $365 during the nine months ended September
30, 2025 and 2024.

Additional information regarding the Company’s leases
are as follows:

     As of and For the Three Months Ended September 30,   As of and For the Nine Months Ended 
September 30,      2025   2024   2025   2024   Operating lease expense  $91   $96   $274   $288   Finance lease cost                      Amortization of right-of-use assets   20    20    60    60   Interest on lease liabilities   3    5    10    17   Finance lease cost   23    25    70    77   Total lease cost  $114   $121   $344   $365                          Other information on leases:                      Cash payments included in operating cash flows from operating leases  $98   $102   $293   $306   Cash payments included in operating cash flows from finance leases   3    5    10    17   Cash payments included in financing cash flows from finance leases   27    25    80    73   Right-of-use assets obtained in exchange for new operating lease liabilities   —    —    —    185   Right-of-use assets obtained in exchange for new finance lease liabilities   —    —    —    —   Weighted average discount rate – operating leases   4.45%    4.48%    4.45%    4.48%   Weighted average discount rate – finance leases   8.50%    8.50%    8.50%    8.50%   Weighted average remaining lease term in years – operating leases   3.7 years    4.7 years