The Company’s operating leases consist of office facilities, office equipment, and automobiles. As of June 30, 2025, the Company’s leases have remaining terms of less than one year to eight years, some of which include one or more options to renew, with renewal terms from one year to five years and some of which include options to terminate the leases from less than one year to five years.

The components of operating lease cost reflected in the consolidated statements of operations were as follows:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2025		2024		2025		2024
Operating lease cost (1)	$	3,800	$	3,558	$	7,577	$	7,253
Variable lease cost	1,006		1,115		2,177		2,288

Total operating lease cost	$	4,806	$	4,673	$	9,754	$	9,541

(1)Operating lease cost includes rent cost related to operating leases for office facilities of $3,546 and $3,301 for the three months ended June 30, 2025 and 2024, respectively, and $7,078 and $6,772 for the six months ended June 30, 2025 and 2024, respectively.

Supplemental operating cash flows and other information related to leases was as follows:


	Six Months Ended
	June 30,
	2025		2024
Cash paid for operating leases included in operating cash flows	$	8,156	$	7,409
Right-of-use assets obtained in exchange for new operating lease liabilities	$	3,265	$	3,502

The weighted average remaining lease term for operating leases was 4.1 years and 4.3 years as of June 30, 2025 and December 31, 2024, respectively. The weighted average discount rate was 5.4% and 5.2% as of June 30, 2025 and December 31, 2024, respectively.

As of June 30, 2025, the Company had additional minimum operating lease payments of $6,370 for executed leases that have not yet commenced, primarily for office locations.