Leases (Tables)

3 Months Ended

Mar. 31, 2022

Leases [Abstract]

Lease expense included in the unaudited condensed consolidated statements of operations

The following is a summary of our lease expense included in the Unaudited Condensed Consolidated Statements of Operations (in thousands):

	For the Three Months Ended March 31, 2022		For the Three Months Ended March 31, 2021
Operating lease cost	$	3,546	$	3,078
Financing lease cost:
Amortization of leased assets		38		3
Interest on lease liabilities		13		15
Total lease cost	$	3,597	$	3,096

Schedule includes other information about leases

Other information regarding our leases is as follows (in thousands, except lease terms and discount rates):

	For the Three Months Ended March 31, 2022			For the Three Months Ended March 31, 2021
Supplemental cash flow information
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows used in operating leases	$	3,496		$	3,382
Operating cash flows used in financing leases	$	13		$	15
Financing cash flows used in financing leases	$	43		$	124
Non-cash items:
Operating leases obtained	$	2,269		$	618
Financing leases obtained	$	—		$	—
Weighted average remaining lease term
Operating leases	9 years			7 years
Financing leases	1 year			2 years
Weighted average discount rate
Operating leases		6.9	%		10.5	%
Financing leases		17.9	%		16.5	%

Annual future minimum lease payments

Annual future minimum lease payments as of March 31, 2022 (in thousands):

Years ending December 31,	Operating Leases			Financing Leases
2022 (period from April 1 to December 31)	$	9,683		$	154
2023		13,175			150
2024		12,524			—
2025		11,706			—
2026		11,623			—
Thereafter		53,849			—
Total future minimum lease payments		112,560			304
Less: Amount representing interest		(27,805	)		(35	)
Present value of net minimum lease payments	$	84,755		$	269
Reported as of March 31, 2022
Accrued liabilities	$	7,681		$	176
Non-current operating lease liabilities		77,074			—
Other non-current liabilities		—			93
Total lease liabilities	$	84,755		$	269