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Leases
 9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Leases Leases
We have operating leases for office facilities and finance leases for office equipment. The components of lease expense were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)
2021202020212020
Operating lease cost
$1,924 $2,231 $5,700 $7,042 
Finance lease cost
Amortization of ROU assets
$2 $49 $6 $235 
Interest on lease liabilities
1 2 4 5 
Total finance lease cost
$3 $51 $10 $240 
Rent expense for short-term leases in the three and nine months ended September 30, 2021 and 2020 was not material.
Supplemental information related to leases was as follows:
September 30, 2021December 31, 2020
Operating leases
Weighted average remaining lease term
9.5 years10.0 years
Weighted average discount rate
5.6%5.6%
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)
2021202020212020
ROU assets obtained in exchange for lease obligations
Operating Leases$2,215 $2,484 $2,215 $3,188 
In the three and nine months ended September 30, 2021 and 2020, we did not obtain any right-of-use assets in exchange for finance lease liabilities.
Maturities of operating lease liabilities at September 30, 2021 were as follows:
(in thousands)
Year ending December 31,
2021(1)
$603 
2022
8,574 
2023
8,256 
2024
8,410 
2025
8,039 
Thereafter
44,479 
Total lease payments
78,361 
Less: Imputed interest
(18,623)
Total
$59,738 
_______________
(1)    Represents the three months ending December 31, 2021.
Leases Leases
We have operating leases for office facilities and finance leases for office equipment. The components of lease expense were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)
2021202020212020
Operating lease cost
$1,924 $2,231 $5,700 $7,042 
Finance lease cost
Amortization of ROU assets
$2 $49 $6 $235 
Interest on lease liabilities
1 2 4 5 
Total finance lease cost
$3 $51 $10 $240 
Rent expense for short-term leases in the three and nine months ended September 30, 2021 and 2020 was not material.
Supplemental information related to leases was as follows:
September 30, 2021December 31, 2020
Operating leases
Weighted average remaining lease term
9.5 years10.0 years
Weighted average discount rate
5.6%5.6%
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)
2021202020212020
ROU assets obtained in exchange for lease obligations
Operating Leases$2,215 $2,484 $2,215 $3,188 
In the three and nine months ended September 30, 2021 and 2020, we did not obtain any right-of-use assets in exchange for finance lease liabilities.
Maturities of operating lease liabilities at September 30, 2021 were as follows:
(in thousands)
Year ending December 31,
2021(1)
$603 
2022
8,574 
2023
8,256 
2024
8,410 
2025
8,039 
Thereafter
44,479 
Total lease payments
78,361 
Less: Imputed interest
(18,623)
Total
$59,738 
_______________
(1)    Represents the three months ending December 31, 2021.