Leases |
Leases The components of lease expense are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | June 30, 2022 | | June 30, 2021 | | Offices | | Data Centers | | Total | | Offices | | Data Centers | | Total | | (in thousands) | Lease expense | $ | 4,343 | | | $ | 5,029 | | | $ | 9,372 | | | $ | 6,874 | | | $ | 6,460 | | | $ | 13,334 | | Short term lease expense | 204 | | | 2 | | | 206 | | | 125 | | | 7 | | | 132 | | Variable lease expense | 25 | | | 86 | | | 111 | | | 100 | | | 129 | | | 229 | | Sublease income | (263) | | | — | | | (263) | | | (288) | | | — | | | (288) | | Total operating lease expense | $ | 4,309 | | | $ | 5,117 | | | $ | 9,426 | | | $ | 6,811 | | | $ | 6,596 | | | $ | 13,407 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended | | June 30, 2022 | | June 30, 2021 | | Offices | | Data Centers | | Total | | Offices | | Data Centers | | Total | | (in thousands) | Lease expense | $ | 8,752 | | | $ | 10,236 | | | $ | 18,988 | | | $ | 13,417 | | | $ | 12,858 | | | $ | 26,275 | | Short term lease expense | 355 | | | 5 | | | 360 | | | 201 | | | 14 | | | 215 | | Variable lease expense | 75 | | | 91 | | | 166 | | | 244 | | | 202 | | | 446 | | Sublease income | (435) | | | | | (435) | | | (476) | | | — | | | (476) | | Total operating lease expense | $ | 8,747 | | | $ | 10,332 | | | $ | 19,079 | | | $ | 13,386 | | | $ | 13,074 | | | $ | 26,460 | |
As of June 30, 2022, we have additional operating leases, that have not yet commenced which will result in additional operating lease liabilities and right of use assets:
| | | | | | | | | | | | | | | | Offices | Data Centers | | | (in thousands) | Additional operating lease liabilities | | $ | — | | $ | 6,271 | | | | Additional right of use assets | | $ | — | | $ | 6,271 | | | |
These operating leases will commence during the fiscal year ending December 31, 2022 and December 31, 2023.
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