LEASES (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Summary of Lease Costs Recognized Under Topic 842 and Other Information Pertaining to Operating Leases

The following table contains a summary of the lease costs recognized under ASC 842 and other information pertaining to the Company’s operating leases for the year ended December 31, 2020:

	For the Year Ended December 31, 2020
	(in thousands)
Lease cost
Operating lease cost	$	18,978
Variable lease cost		17,065
Total lease cost	$	36,043
Other information
Operating lease payments	$	19,344
Operating lease liabilities arising from obtaining ROU assets		59,327
Weighted average remaining lease term	4.6 years
Weighted average discount rate		7.6	%

Summary of Maturities of Lease Liabilities and Reconciliation of Lease Liabilities Recognized Under Topic 842

The following table summarizes maturities of lease liabilities and the reconciliation of lease liabilities as of December 31, 2020:

	As of December 31, 2020
	(in thousands)
2021	$	27,846
2022		25,513
2023		25,615
2024		25,430
2025		10,910
Thereafter		4,131
Total minimum lease payments		119,445
Less: imputed interest		(18,148	)
Total operating lease liabilities	$	101,297
Included in the consolidated balance sheet:
Current portion of lease liabilities within other current liabilities	$	20,930
Lease liabilities		80,367
Total operating lease liabilities	$	101,297