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Leases (Tables)
6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Summary of leased assets and liabilities
The Company’s leased assets and liabilities are as follows:
thousandsJune 30, 2021December 31, 2020
Assets
Operating lease right-of-use assets, net$54,566 $56,255 
Liabilities
Operating lease obligations68,102 68,929 
Components of lease expense and other information
The components of lease expense are as follows:
Three Months Ended June 30,Six Months Ended June 30,
thousands2021202020212020
Operating lease cost$2,180 $2,179 $4,363 $4,358 
Variable lease costs324 117 440 290 
Net lease cost$2,504 $2,296 $4,803 $4,648 
Other information related to the Company’s lessee agreements is as follows:
Supplemental Condensed Consolidated Statements of Cash Flows InformationSix Months Ended June 30,
thousands20212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows on operating leases$3,531 $3,849 
Other InformationJune 30, 2021June 30, 2020
Weighted-average remaining lease term (years)
Operating leases37.337.0
Weighted-average discount rate
Operating leases7.8 %7.8 %
Schedule of future minimum lease payments
Future minimum lease payments as of June 30, 2021, are as follows:
thousandsOperating Leases
Remainder of 2021
$3,349 
20226,507 
20236,464 
20246,432 
20255,047 
Thereafter261,806 
Total lease payments289,605 
Less: imputed interest(221,503)
Present value of lease liabilities$68,102 
Schedule of minimum rentals The minimum rentals based on operating leases of the consolidated properties held as of June 30, 2021, are as follows:
Three Months Ended June 30,Six Months Ended June 30,
thousands2021202020212020
Total minimum rent payments$54,658 $54,114 $108,000 $113,213 

Total future minimum rents associated with operating leases are as follows as of June 30, 2021:
thousandsTotal
Minimum Rent
Remainder of 2021
$118,036 
2022246,736 
2023242,933 
2024238,289 
2025211,057 
Thereafter1,296,561 
Total$2,353,612