LEASES

9 Months Ended

Sep. 30, 2021

LEASES

LEASES

13.    LEASES

The Company has operating leases for office space, manufacturing equipment, computer equipment and automobiles. Many leases include one or more options to renew, some of which include options to extend the leases for a long-term period, and some leases include options to terminate the leases within 30 days. In certain of the Company’s lease agreements, the rental payments are adjusted periodically to reflect actual charges incurred for capital area maintenance, utilities, inflation and/or changes in other indexes.

Supplemental cash flow information related to the Company’s operating leases for the nine months ended September 30, 2021 and 2020 was as follows (in thousands):

	September 30,
	2021		2020
Cash paid for amounts included in the measurement of operating leases	$	3,988	$	3,341
Right of use assets obtained in exchange for operating lease obligations	$	2,224	$	2,395

The following table presents the maturity of the Company’s operating lease liabilities as of September 30, 2021 (in thousands):

Remainder of 2021	$	1,296
2022		4,389
2023		3,151
2024		2,379
2025		2,173
2026		1,143
Thereafter		4,229
Total undiscounted cash flows	$	18,760
Less: present value discount		(1,287)
Total lease liabilities	$	17,473

As of September 30, 2021, the Company has entered into leases with future minimum lease payments of $13,700 that has not yet commenced.

The Company leases certain facilities from a company for which one of our executive officers is a part owner. In connection with such leases, the Company made payments to the lessor of $500 during the year ended December 31, 2020 and is obligated to make payments of $700 during the year ending December 31, 2021. Future minimum lease payments under the leases as of September 30, 2021 are $7,827.