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Leases (Tables)
 3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Lease, Cost
The components of lease expense were as follows (in thousands):
For the three months ended March 31,
20232022
Finance lease expense:
Amortization$16 $92 
Interest on lease liabilities— 1 
Operating lease expense:
Operating lease expense(1)
1,792 1,783 
Sublease income(501)(501)
Total lease expense, net$1,307 $1,375 
______________________
(1)     Represents the straight-line lease expense of operating leases, inclusive of amortization of ROU assets and the interest component of operating lease liabilities.
Assets and Liabilities, Lessee
The following tables set forth the amount of lease assets and lease liabilities included in the Company’s condensed consolidated balance sheets (in thousands):

AssetsFinancial Statement Line ItemMarch 31, 2023
Finance lease assetsProperty and equipment, net$54 
Operating lease assetsOperating lease right-of-use asset28,398 
Total lease assets$28,452 
Liabilities
Current
Finance lease liabilitiesAccrued expenses$49 
Operating lease liabilitiesAccrued expenses7,791 
Non-current
Finance lease liabilitiesOther long-term liabilities13 
Operating lease liabilitiesOperating lease liabilities, net of current portion27,855 
Total lease liabilities$35,708 

Supplemental information related to the Company’s leases for the three months ended March 31, 2023 was as follows:

Weighted-average remaining lease term (in years)
   Finance leases1.3
   Operating leases4.3
Weighted-average discount rate
Finance leases3.00 %
Operating leases2.29 %
Cash paid for amounts included in the measurement of lease liabilities (in thousands)
   Operating cash flows used in finance leases$— 
   Operating cash flows used in operating leases$1,885 
   Finance cash flows used in finance leases$15 
Lessee, Operating Lease, Liability, Maturity
Future minimum lease payments required under operating and finance leases as of March 31, 2023, were as follows (in thousands):

Operating LeasesFinance Leases
Remaining 2023$6,371 $40 
20248,704 23 
20258,950 — 
20269,201 — 
20274,245 — 
2028— — 
Thereafter— — 
Future minimum lease payments $37,471 $63 
Less: Amount representing interest(1,825)(1)
Present value of future lease payments$35,646 $62 

As of December 31, 2022, the future minimum rental payments under non-cancelable leases with offsetting sublease revenue were as follows (in thousands):

Operating LeasesFinance Leases
2023$8,468 57 
20248,704 21 
20258,950 — 
20269,201 — 
20274,244 — 
Thereafter— — 
Future minimum lease payments $39,567 $78 
Less: Amount representing interest(2,037)(4)
Present value of future lease payments$37,530 $74 
Finance Lease, Liability, Fiscal Year Maturity
Future minimum lease payments required under operating and finance leases as of March 31, 2023, were as follows (in thousands):

Operating LeasesFinance Leases
Remaining 2023$6,371 $40 
20248,704 23 
20258,950 — 
20269,201 — 
20274,245 — 
2028— — 
Thereafter— — 
Future minimum lease payments $37,471 $63 
Less: Amount representing interest(1,825)(1)
Present value of future lease payments$35,646 $62 

As of December 31, 2022, the future minimum rental payments under non-cancelable leases with offsetting sublease revenue were as follows (in thousands):

Operating LeasesFinance Leases
2023$8,468 57 
20248,704 21 
20258,950 — 
20269,201 — 
20274,244 — 
Thereafter— — 
Future minimum lease payments $39,567 $78 
Less: Amount representing interest(2,037)(4)
Present value of future lease payments$37,530 $74