v3.26.1
Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Lease, Cost
Operating lease costs are recorded within general, administrative and other and sublease income is recorded within other income in the Condensed Consolidated Statements of Income (Loss). The lease cost and sublease income components were as follows:

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Operating lease cost(1)
$1,650 $1,879 $3,514 $3,752 
Variable lease cost(2)
76 1,171 1,228 2,200 
Less: sublease income22 53 74 104 
Total lease cost$1,704 $2,997 $4,668 $5,848 
____________
(1)Includes $0.1 million of short term lease expense for each of the three months ended June 30, 2026 and 2025, respectively, and for the six months ended June 30, 2025 and $0.2 million for the six months ended June 30, 2026.
(2)Includes common area maintenance charges and other variable costs not included in the measurement of ROU assets and lease liabilities.

The following table summarizes cash flows and other supplemental information related to our operating leases:
Six Months Ended June 30,
20262025
Cash paid for amounts included in the measurement of operating lease liabilities(1)
$3,110$4,110
Non-cash ROU assets obtained in exchange for new and extended operating leases$—$1,967
Weighted average remaining lease term in years12.4 years13.1 years
Weighted average discount rate6.3 %6.3 %
(1)Excludes $0.7 million of cash received during the six months ended June 30, 2026 for lease incentives received related to the New York office lease.
Schedule of Maturities of Operating Lease Liabilities
As of June 30, 2026, the maturities of operating lease liabilities were as follows:
Remainder of 2026$2,988 
20277,441 
20287,348 
20296,136 
20306,497 
Thereafter56,391 
Total lease payments$86,801 
Less: tenant improvement allowance(8,976)
Less: imputed interest(26,887)
Total operating lease liabilities$50,938