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Leases (Tables)
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Summary of leased assets and liabilities
The Company’s leased assets and liabilities are as follows:
thousandsJune 30, 2024December 31, 2023
Operating lease right-of-use assets$44,947 $44,897 
Operating lease obligations52,910 51,584 
Summary of components of lease expense and other information
The components of lease cost are as follows:
Three Months Ended June 30,Six Months Ended June 30,
thousands2024202320242023
Operating lease cost$1,729 $1,709 $3,458 $3,417 
Variable lease cost202 199 865 591 
Total lease cost$1,931 $1,908 $4,323 $4,008 
Other information related to the Company’s lessee agreements is as follows:
Supplemental Condensed Consolidated Statements of Cash Flows InformationSix Months Ended June 30,
thousands20242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows on operating leases$2,664 $2,270 
Other InformationJune 30, 2024June 30, 2023
Weighted-average remaining lease term (years)
Operating leases42.943.8
Weighted-average discount rate
Operating leases7.8 %7.8 %
Summary of future minimum lease payments
Future minimum lease payments as of June 30, 2024, are as follows:
thousandsOperating Leases
Remainder of 2024
$2,393 
20255,117 
20264,093 
20273,360 
20283,424 
Thereafter240,646 
Total lease payments259,033 
Less: imputed interest(206,123)
Present value of lease liabilities$52,910 
Summary of minimum rentals Minimum rent revenues related to operating leases are as follows:
Three Months Ended June 30,Six Months Ended June 30,
thousands2024202320242023
Total minimum rent payments$63,072 $58,282 $124,828 $116,079 
Total future minimum rents associated with operating leases are as follows as of June 30, 2024:
thousandsTotal Minimum Rent
Remainder of 2024
$129,123 
2025252,594 
2026239,859 
2027228,846 
2028206,731 
Thereafter877,143 
Total$1,934,296