Leases

3 Months Ended

Mar. 31, 2022

LEASES

The Company has operating leases consisting of office space, vehicle leases, computer equipment, and office equipment. Lease terms and options vary in the Company's operating leases dependent upon the underlying leased asset. We exclude options to extend or terminate a lease from our recognition as part of our right-of-use assets and lease liabilities until those options are known and/or executed, as we typically do not exercise options to purchase the underlying leased asset. As of March 31, 2022, we have leases with remaining terms of one year to seven years, some of which may include no options for renewal and others with options to extend the lease terms from six months to five years.

The components of our operating leases were as follows for the three-month periods ended March 31, 2022 and 2021:


	Three Months Ended March 31,
		2022		2021

Components of lease expense:
Operating lease expense		$	2,177	$	1,782
Less sublease income		53		53
Net lease expense		2,124		1,729
Cash flows information related to leases:
Operating cash outflow from operating leases		2,143		1,747