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Commitments and Contingencies
3 Months Ended
Mar. 31, 2021
Commitments And Contingencies Disclosure [Abstract]  
Commitments and Contingencies

14. COMMITMENTS AND CONTINGENCIES

Operating Leases—The Company leases office facilities over various terms expiring through 2030. 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:

 

March 31,

 

Rent

 

 

Office

Equipment

 

 

Total

 

2022

 

$

7,105

 

 

$

371

 

 

$

7,476

 

2023

 

 

5,115

 

 

 

268

 

 

 

5,383

 

2024

 

 

3,598

 

 

 

90

 

 

 

3,688

 

2025

 

 

1,757

 

 

 

22

 

 

 

1,779

 

2026 and thereafter

 

 

4,896

 

 

 

 

 

 

4,896

 

Total

 

$

22,471

 

 

$

751

 

 

$

23,222

 

 

Total rent expense under operating leases was $2.5 million and $2.1million for the three months ended March 31, 2021 and March 31, 2020, respectively.  

Other Commitments—The Company has commitments under the 2020 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 unaudited condensed consolidated results of operations, financial position or cash flows of the Company.