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Leases (Tables)
6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Schedule of Operating Lease Costs The Company’s operating lease costs were as follows:

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

(in thousands)

 

2021

 

2020

 

2021

 

2020

 

Operating lease cost (gross lease expense)

 

$

3,253

 

$

3,414

 

$

6,644

 

$

6,878

 

Variable lease costs

 

 

1,106

 

 

1,414

 

 

2,152

 

 

3,017

 

Sublease income (including reimbursed expenses)

 

 

1,309

 

 

1,162

 

 

2,565

 

 

2,579

 

 

Schedule of Maturities of Operating Lease Liabilities and Sublease Income

As of June 30, 2021, maturities of operating lease liabilities and sublease income, by year are as follows:

 

 

 

 

 

 

 

 

 

(in thousands)

 

Operating Lease Payments

 

 

Sublease

Income

 

Remainder of 2021

 

$

7,449

 

 

$

(1,904

)

2022

 

 

14,874

 

 

 

(1,481

)

2023

 

 

14,399

 

 

 

(1,101

)

2024

 

 

13,794

 

 

 

 

2025

 

 

13,552

 

 

 

 

Thereafter

 

 

42,342

 

 

 

 

Gross lease payments (income)

 

$

106,410

 

 

$

(4,486

)

Less: Imputed interest

 

 

24,920

 

 

 

 

 

Less: Tenant improvement receivables

 

 

456

 

 

 

 

 

Total operating lease liabilities

 

$

81,034