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Commitments and Contingencies
9 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]    
Commitments and Contingencies

14. COMMITMENTS AND CONTINGENCIES

Operating Leases—The Company leases office facilities over various terms expiring through 2028. Certain of these operating leases contain rent escalation clauses. The Company also has office equipment leases that expire through 2025. The following is a schedule of the future minimum lease payments by year under the leases as of September 30, 2020:

 

September 30,

  

Rent

    

Office

Equipment

    

Total

 

2021

   $ 5,863      $ 332      $ 6,195  

2022

     4,865        327        5,192  

2023

     2,961        129        3,090  

2024

     1,410        39        1,449  

2025 and thereafter

     1,385        1        1,386  
  

 

 

    

 

 

    

 

 

 
   $ 16,484      $ 828      $ 17,312  
  

 

 

    

 

 

    

 

 

 

Total rent expense under operating leases was $2.2 and $6.4 for the three and nine months ended September 30, 2020, respectively, and $2.0 and $5.6 for the three and nine months ended September 30, 2019, respectively

Other Commitments—The Company has commitments under the New Credit Facility, its equipment line of credit and its capital lease obligations (Note 12).

Contingencies—The Company is subject to purchase price contingencies related to earn-outs associated with certain acquisitions (Note 6).

Legal—In the normal course of business, the Company is at times subject to pending and threatened legal actions. In management’s opinion, any potential loss resulting from the resolution of these matters is not expected to have a material effect on the condensed consolidated results of operations, financial position or cash flows of the Company.

16. COMMITMENTS AND CONTINGENCIES

Operating Leases—The Company leases office facilities over various terms expiring through 2027. Certain of these operating leases contain rent escalation clauses. The Company also has office equipment leases that expire through 2024. The following is a schedule of the future minimum lease payments by year under the leases as of December 31, 2019:

 

    

Rent

    

Office
Equipment

    

Total

 

2020

   $ 6,123      $ 299      $ 6,422  

2021

     4,983        252        5,235  

2022

     3,957        232        4,189  

2023

     2,567        96        2,663  

2024 and thereafter

     2,281        28        2,309  
  

 

 

    

 

 

    

 

 

 
   $ 19,911      $ 907      $ 20,818  
  

 

 

    

 

 

    

 

 

 

Total rent expense under operating leases for the years ended December 31, 2019 and 2018 was $7.6 million and $6.7 million, respectively.

Other Commitments—The Company has commitments under its loan facilities and capital lease obligations (Note 14).

Contingencies—The Company is subject to purchase price contingencies related to earn-outs associated with certain acquisitions (Note 7 and 9).

 

Legal—In the normal course of business, the Company is at times subject to pending and threatened legal actions. In management’s opinion, any potential loss resulting from the resolution of these matters is not expected to have a material effect on the consolidated results of operations, financial position or cash flows of the Company.