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LEASES
9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
LEASES LEASES
Leasing Guidance
The Company recognizes the assets and liabilities that arise from leases on the commencement date of the lease. The Company recognizes the liability to make lease payments as a lease liability as well as a right-of-use ("ROU") asset representing the right to use the underlying asset for the lease term, on the condensed consolidated balance sheet.
Lease Expense
The components of lease expense were as follows:
Lease CostNine Months Ended
September 30,
20212020
(amounts in thousands)
Operating lease cost
$36,728 $36,664 
Variable lease cost
8,876 7,808 
Total lease cost
$45,604 $44,472 

Three Months Ended
September 30,
Lease Cost20212020
(amounts in thousands)
Operating lease cost
$12,113 $12,351 
Variable lease cost2,861 2,610 
Total lease cost
$14,974 $14,961 
Supplemental Cash Flow
Supplemental cash flow information related to leases was as follows:
Nine Months Ended September 30,
Description20212020
(amounts in thousands)
Cash paid for amounts included in measurement of lease liabilities
Operating cash flows from operating leases$40,567 $44,572 
Right-of-use assets obtained in exchange for lease obligations
Operating leases
$14,898 $6,826 
As of September 30, 2021, the Company has not entered into any leases that have not yet commenced.