v3.22.2.2
Leases (Tables)
 9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Schedule of Operating Lease Assets and Liabilities
The following table presents the assets and liabilities related to the Company’s leases:
September 30,
2022
Lease assets:
Right-of-use assets$127,812 
Total lease assets127,812 
Lease liabilities:
Current lease liabilities20,244 
Non-current lease liabilities152,889 
Total lease liabilities$173,133 
Lease, Cost The following table details the Company’s net lease expense:
Three Months Ended September 30, 2022Nine Months Ended September 30, 2022
Operating lease expense$6,408 $18,701 
Variable lease expense(1)
920 2,794 
Net lease expense$7,328 $21,495 
The following tables present other relevant lease information:
September 30,
2022
Weighted average remaining lease term (years)6.1
Weighted average discount rate4.1 %
Nine Months Ended September 30, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$23,262 
Lessee, Operating Lease, Liability, Maturity
The following table presents the future maturity of lease liabilities:
Operating Leases(1)
2022$6,466 
202329,902 
202437,081 
202529,573 
202627,898 
Thereafter66,900 
Total undiscounted lease cash flows197,820 
Impact of discounting24,687 
Present value of lease payments$173,133 
(1) The years 2022 and 2023 include $2.2 million and $6.6 million, respectively, of expected cash inflows from TIAs. Operating lease payments exclude $5.4 million of legally binding minimum lease payments related to executed leases for which the Company has not yet taken possession of the leased premises.