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Leases (Tables)
 3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Lease, Cost
Lease expense is included in office and technology expenses in the unaudited Consolidated Statements of Operations. Information regarding the Company’s operating leases follows:
Three Months Ended
March 31,
(in thousands)20222021
Operating leases$563 $326 
Short-term leases (b)67 64 
Lease expense$630 $390 
Sub-lease income— — 
Lease cost$630 $390 
(b)Leases with an initial term of twelve months or less are not recorded on the unaudited Consolidated Balance Sheets.
Lessee, Operating Lease Liability, Current and Non-current
Components of the operating lease liability presented on the unaudited Consolidated Balance Sheets are as follows:
(in thousands)As of
March 31, 2022		As of
December 31, 2021
Current:
Operating lease liabilities$2,021 $1,547 
Non-current:
Operating lease liabilities5,432 3,782 
Total operating lease liabilities$7,453 $5,329 
Lessee, Operating Lease, Liability, Maturity
The future minimum lease payments under operating leases that have initial or remaining noncancelable lease terms in excess of one year as of March 31, 2022, are summarized as follows:
Year Ended (in thousands)
2022$2,211 
20231,892 
20241,571 
20251,127 
2026934 
Thereafter284 
Total undiscounted payments$8,019 
Less: present value adjustment(566)
Operating lease liabilities$7,453 
Operating Lease Other Information
Supplemental lease information is as follows:
As of
March 31, 2022		As of
December 31, 2021
Weighted average remaining lease term (years)4.144.13
Weighted average discount rate4.0 %4.2 %