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COMMITMENTS AND CONTINGENCIES (Tables) | 12 Months Ended
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Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract] |
Schedule of Purchase Agreements | As of December 31, 2022, purchase commitments under agreements with third-party administrators and other service providers were as follows:
2023 |  | $ | 35,701 |
2024 |  | 30,978 |
2025 |  | 27,356 |
2026 |  | 19,981 |
2027 |  | 11,672 |
Thereafter |  | 75,393 |
Total |  | $ | 201,081 |
Schedule of Approximate Aggregate Future Lease Payments | As of December 31, 2022, the approximate aggregate future lease payments required on the asset management operating leases are as follows:
2023 |  | $ | 45,626 |
2024 |  | 47,263 |
2025 |  | 47,190 |
2026 |  | 39,153 |
2027 |  | 29,204 |
Thereafter |  | 192,588 |
Total lease payments required (1) |  | 401,024 |
Less: Imputed Interest |  | 53,123 |
Total operating lease liabilities |  | $ | 347,901 |
(1) Lease payments required exclude approximately $456 million for leases signed, but not yet commenced. These leases related to corporate offices and will commence in 2024 with lease terms of 15 years. Global Atlantic also enters into land leases for its consolidated investments in renewable energy. As of December 31, 2022, the approximate aggregate future lease payments required on the Global Atlantic operating leases are as follows:
2023 |  | $ | 18,012 |
2024 |  | 18,839 |
2025 |  | 17,080 |
2026 |  | 15,556 |
2027 |  | 15,745 |
Thereafter |  | 272,362 |
Total lease payments required |  | 357,594 |
Less: Imputed Interest |  | 162,593 |
Total operating lease liabilities |  | $ | 195,001 |

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- Definition Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 303 -Paragraph (a) -Subparagraph (5) + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
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