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Commitments and Contingencies
6 Months Ended
Jun. 30, 2020
Commitments And Contingencies Disclosure [Abstract]  
Commitments and Contingencies

15. 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 June 30, 2020:

 

June 30,

 

Rent

 

 

Office

Equipment

 

 

Total

 

2021

 

$

6,095

 

 

$

344

 

 

$

6,439

 

2022

 

 

4,846

 

 

 

311

 

 

 

5,157

 

2023

 

 

3,513

 

 

 

201

 

 

 

3,714

 

2024

 

 

2,030

 

 

 

62

 

 

 

2,092

 

2025 and thereafter

 

 

1,573

 

 

 

3

 

 

 

1,576

 

 

 

$

18,057

 

 

$

921

 

 

$

18,978

 

 

Total rent expense under operating leases was $2.1 and $4.2 for the three and six months ended June 30, 2020, respectively, and $1.8 and $3.6 for the three and six months ended June 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 14).

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.