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Leases
9 Months Ended
Sep. 30, 2022
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)
2022202120222021
Operating lease cost
$1,977 $1,924 $5,564 $5,700 
Rent expense for short-term leases and finance lease costs in the three and nine months ended September 30, 2022 and 2021 were not material.
Supplemental information related to leases was as follows:
September 30, 2022December 31, 2021
Operating leases
Weighted average remaining lease term
8.4 years9.2 years
Weighted average discount rate
5.6%5.5%
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)
2022202120222021
ROU assets obtained in exchange for lease obligations
Operating leases
$3,863 $2,215 $4,256 $2,215 
In the three and nine months ended September 30, 2022 and 2021, we did not obtain any right-of-use assets in exchange for finance lease liabilities.
Maturities of operating lease liabilities at September 30, 2022 were as follows:
(in thousands)
Year ending December 31,
2022(1)
$1,969 
20239,027 
20249,070 
20258,886 
20268,213 
Thereafter
38,055 
Total lease payments
75,220 
Less: Imputed interest
(15,898)
Total
$59,322 
_______________
(1)    Represents the three months ending December 31, 2022.