LEASES (Tables)

3 Months Ended

Jun. 30, 2023

The following table reports information about the Company's lease cost for the three months ended June 30, 2023 and 2022:


	Three months ended June 30,
	2023		2022
Lease Cost
Finance lease cost	$	—	$	103,302
Amortization of right-of-use assets	—		102,278
Interest on lease liabilities	—		1,024
Operating lease cost	$	6,141,171	$	6,662,311

Variable lease cost	$	1,030,675	$	931,084

Total lease cost	$	7,171,846	$	7,696,697

The following table reports other information about the Company's leases for the three months ended June 30, 2023 and 2022:


	Three months ended June 30,
	2023			2022
Other Lease Information
Cash paid for amounts included in the measurement of lease liabilities	$	6,324,218		$	6,724,592
Operating cash flows from finance leases	—			1,024
Operating cash flows from operating leases	6,324,218			6,689,425
Financing cash flows from finance leases	—			34,143

Right-of-use assets obtained in exchange for new operating lease liabilities	$	3,046,251		$	5,352,690
Weighted-average remaining lease term — finance leases	—			0.4 years
Weighted average remaining lease term — operating leases	7.1 years			7.2 years
Weighted-average discount rate — finance leases	—		%	6.0		%
Weighted-average discount rate — operating leases	6.1		%	6.1		%

The aggregate annual lease obligations as of June 30, 2023 are as follows:


	Operating Leases
Remainder of 2024	$	17,407,197
2025	19,180,075
2026	15,695,818
2027	11,797,164
2028	9,231,916
Thereafter	28,762,038
Total undiscounted lease liability	$	102,074,208
Imputed interest	20,085,310
Total discounted lease liability	$	81,988,898

The aggregate annual lease obligations as of June 30, 2023 are as follows:


	Operating Leases
Remainder of 2024	$	17,407,197
2025	19,180,075
2026	15,695,818
2027	11,797,164
2028	9,231,916
Thereafter	28,762,038
Total undiscounted lease liability	$	102,074,208
Imputed interest	20,085,310
Total discounted lease liability	$	81,988,898