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Leases (Tables)
9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Summary of Leased Assets and Liabilities
The Company’s leased assets and liabilities are as follows:
thousandsSeptember 30, 2023December 31, 2022
Operating lease right-of-use assets$45,596 $46,926 
Operating lease obligations51,761 51,321 
Summary of 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,
thousands2023202220232022
Operating lease cost$1,707 $1,680 $5,124 $5,747 
Variable lease costs258 158 849 801 
Total lease cost$1,965 $1,838 $5,973 $6,548 
Other information related to the Company’s lessee agreements is as follows:
Supplemental Condensed Consolidated Statements of Cash Flows InformationNine Months Ended September 30,
thousands20232022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows on operating leases$3,452 $4,324 
Other InformationSeptember 30, 2023September 30, 2022
Weighted-average remaining lease term (years)
Operating leases43.943.7
Weighted-average discount rate
Operating leases7.8 %7.7 %
Summary of Future Minimum Lease Payments
Future minimum lease payments as of September 30, 2023, are as follows:
thousandsOperating Leases
Remainder of 2023
$1,482 
20245,057 
20253,668 
20263,368 
20273,360 
Thereafter243,770 
Total lease payments260,705 
Less: imputed interest(208,944)
Present value of lease liabilities$51,761 
Summary of Minimum Rentals Minimum rent revenues related to operating leases are as follows:
Three Months Ended September 30,Nine Months Ended September 30,
thousands2023202220232022
Total minimum rent payments$59,673 $57,246 $175,752 $171,839 

Total future minimum rents associated with operating leases are as follows as of September 30, 2023:
thousandsTotal Minimum Rent
Remainder of 2023
$62,777 
2024254,321 
2025240,708 
2026222,768 
2027209,812 
Thereafter988,238 
Total$1,978,624