v3.26.1
LEASES (Tables)
 6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense were as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Operating lease expense
Rent - cost of services (1)
$94,700 $94,348 $190,231 $188,143 
General and administrative expense664 645 1,327 1,272 
Other variable lease costs (2)
10,428 9,664 20,560 18,911 
Total operating lease expense$105,792 $104,657 $212,118 $208,326 
Finance lease expense
Amortization of right-of-use assets$1,342 $1,140 $2,686 $2,182 
Interest on lease liabilities2,742 2,505 5,507 4,797 
Total finance lease expense$4,084 $3,645 $8,193 $6,979 
Total Lease Expense$109,876 $108,302 $220,311 $215,305 
__________________
(1)Rent - cost of services includes variable lease costs such as Consumer Price Index (CPI) increases and other rent adjustments of $526 and $417 for the three months ended June 30, 2026 and 2025, respectively, and $1,070 and $855 for the six months ended June 30, 2026 and 2025, respectively.
(2)Other variable lease costs of facilities, including property taxes and insurance, are classified in cost of services in the Company’s unaudited condensed consolidated statements of income.
The following table summarizes supplemental cash flow information related to leases:
Six Months Ended June 30,
20262025
Operating cash paid for amounts included in the measurement of operating lease liabilities$170,754 $164,274 
Operating cash paid for amounts included in the measurement of finance lease liabilities5,507 4,798 
Financing cash paid for amounts included in the measurement of finance lease liabilities818 284 
Operating lease right-of-use assets obtained in exchange for lease liabilities13,859 139,028 
Decrease in operating lease right-of-use assets and liabilities due to lease termination/modification
(24,810)— 
Finance lease right-of-use assets obtained in exchange for lease liabilities
17,923 29,598 
Decrease in finance lease right-of-use assets due to lease termination/modification(12,544)— 
Information relating to the lease term and discount rate is as follows:
As of June 30, 2026
Weighted-average remaining lease term (years)
Operating leases13
Finance leases22
Weighted-average discount rate
Operating leases6.5 %
Finance leases6.5 %
Schedule of Supplemental Cash Flow Related to Leases and Lease Term and Discount Rate
The components of lease expense were as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Operating lease expense
Rent - cost of services (1)
$94,700 $94,348 $190,231 $188,143 
General and administrative expense664 645 1,327 1,272 
Other variable lease costs (2)
10,428 9,664 20,560 18,911 
Total operating lease expense$105,792 $104,657 $212,118 $208,326 
Finance lease expense
Amortization of right-of-use assets$1,342 $1,140 $2,686 $2,182 
Interest on lease liabilities2,742 2,505 5,507 4,797 
Total finance lease expense$4,084 $3,645 $8,193 $6,979 
Total Lease Expense$109,876 $108,302 $220,311 $215,305 
__________________
(1)Rent - cost of services includes variable lease costs such as Consumer Price Index (CPI) increases and other rent adjustments of $526 and $417 for the three months ended June 30, 2026 and 2025, respectively, and $1,070 and $855 for the six months ended June 30, 2026 and 2025, respectively.
(2)Other variable lease costs of facilities, including property taxes and insurance, are classified in cost of services in the Company’s unaudited condensed consolidated statements of income.
The following table summarizes supplemental cash flow information related to leases:
Six Months Ended June 30,
20262025
Operating cash paid for amounts included in the measurement of operating lease liabilities$170,754 $164,274 
Operating cash paid for amounts included in the measurement of finance lease liabilities5,507 4,798 
Financing cash paid for amounts included in the measurement of finance lease liabilities818 284 
Operating lease right-of-use assets obtained in exchange for lease liabilities13,859 139,028 
Decrease in operating lease right-of-use assets and liabilities due to lease termination/modification
(24,810)— 
Finance lease right-of-use assets obtained in exchange for lease liabilities
17,923 29,598 
Decrease in finance lease right-of-use assets due to lease termination/modification(12,544)— 
Information relating to the lease term and discount rate is as follows:
As of June 30, 2026
Weighted-average remaining lease term (years)
Operating leases13
Finance leases22
Weighted-average discount rate
Operating leases6.5 %
Finance leases6.5 %
Schedule of Maturities of Operating Lease Liabilities
Maturities of lease liabilities as of June 30, 2026 were as follows:
Finance LeasesOperating LeasesTotal
2026 (remainder)$33,115 $170,326 $203,441 
20278,742 341,591 350,333 
20288,999 346,750 355,749 
20298,870 350,726 359,596 
203021,907 354,616 376,523 
20317,662 355,561 363,223 
Thereafter246,727 2,644,846 2,891,573 
Total lease payments$336,022 $4,564,416 $4,900,438 
Less: present value discount (182,170)(1,559,436)(1,741,606)
Present value of lease liabilities
$153,852 $3,004,980 $3,158,832 
Schedule of Maturities of Finance Lease Liabilities
Maturities of lease liabilities as of June 30, 2026 were as follows:
Finance LeasesOperating LeasesTotal
2026 (remainder)$33,115 $170,326 $203,441 
20278,742 341,591 350,333 
20288,999 346,750 355,749 
20298,870 350,726 359,596 
203021,907 354,616 376,523 
20317,662 355,561 363,223 
Thereafter246,727 2,644,846 2,891,573 
Total lease payments$336,022 $4,564,416 $4,900,438 
Less: present value discount (182,170)(1,559,436)(1,741,606)
Present value of lease liabilities
$153,852 $3,004,980 $3,158,832