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Leases (Tables)
9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Summary of leased assets and liabilities
The Company’s leased assets and liabilities are as follows:
thousandsSeptember 30, 2021December 31, 2020
Assets
Operating lease right-of-use assets, net$53,593 $56,255 
Liabilities
Operating lease obligations67,564 68,929 
Components of lease expense and other information
The components of lease expense are as follows:
Three Months Ended September 30,Nine Months Ended September 30,
thousands2021202020212020
Operating lease cost$2,179 $2,181 $6,491 $6,539 
Variable lease costs270 382 760 672 
Net lease cost$2,449 $2,563 $7,251 $7,211 
Other information related to the Company’s lessee agreements is as follows:
Supplemental Condensed Consolidated Statements of Cash Flows InformationNine Months Ended September 30,
thousands20212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows on operating leases$5,225 $5,566 
Other InformationSeptember 30, 2021September 30, 2020
Weighted-average remaining lease term (years)
Operating leases37.437.1
Weighted-average discount rate
Operating leases7.9 %7.8 %
Schedule of future minimum lease payments
Future minimum lease payments as of September 30, 2021, are as follows:
thousandsOperating Leases
Remainder of 2021
$1,595 
20226,500 
20236,456 
20246,425 
20255,039 
Thereafter261,666 
Total lease payments287,681 
Less: imputed interest(220,117)
Present value of lease liabilities$67,564 
Schedule of minimum rentals The minimum rentals based on operating leases of the consolidated properties held as of September 30, 2021, are as follows:
Three Months Ended September 30,Nine Months Ended September 30,
thousands2021202020212020
Total minimum rent payments$57,466 $51,104 $165,466 $164,317 

Total future minimum rents associated with operating leases are as follows as of September 30, 2021:
thousandsTotal
Minimum Rent
Remainder of 2021
$62,547 
2022245,678 
2023242,321 
2024237,460 
2025210,045 
Thereafter1,293,573 
Total$2,291,624