XML 29 R17.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Leases | 12 Months Ended
--- | ---
Dec. 31, 2021
Leases [Abstract] |
Leases | 10. Leases The weighted average remaining lease term and discount rate were as follows: December 31, December 31, 2021 2020Weighted average remaining lease term (years) 13.8 13.4Weighted average discount rate 4.56% 4.92%The components of lease cost were as follows: Year ended December 31, Classification2021 2020 2019Operating lease costOccupancy, Other operating costs, General and administrative expenses and Pre-opening costs$ 364,314 $ 333,878 $ 308,586Short-term lease costOther operating costs 256 36 3,238Variable lease costOccupancy, Other operating costs, General and administrative expenses and Pre-opening costs 92,145 37,860 36,828Sublease incomeGeneral and administrative expenses (4,930) (3,588) (3,385)Total lease cost $ 451,785 $ 368,186 $ 345,267 Supplemental disclosures of cash flow information related to leases were as follows: Year ended December 31, 2021 2020 2019Cash paid for operating lease liabilities$ 359,391 $ 316,249 $ 295,113Operating lease assets obtained in exchange for operating lease liabilities(1)$ 577,273 $ 484,888 $ 2,702,778Derecognition of operating lease assets due to terminations or impairment$ 5,765 $ 20,242 $ 17,740 (1)Amounts for the year ended December 31, 2019, include the transition adjustment for the adoption of Topic 842 discussed in Note 1. “Description of Business and Summary of Significant Accounting Policies” on Annual Report on Form 10-K for the year ended December 31, 2019.Maturities of lease liabilities were as follows as of December 31, 2021: Operating Leases2022$ 347,3992023 377,0642024 367,6182025 359,6872026 351,393Thereafter 2,973,135Total lease payments 4,776,296Less: imputed interest 1,255,982Operating lease liabilities (Current and Long-Term)$ 3,520,314As of December 31, 2021, the total lease payments include $2,321,456 related to options to extend lease terms that are reasonably certain of being exercised, and exclude approximately $289,840 of legally binding lease payments for leases signed but not yet commenced and $20,132 of future sublease income.In April 2020, the FASB issued guidance allowing entities to make a policy election whether to account for lease concessions related to the COVID-19 pandemic as lease modifications. The election applies to any lessor-provided lease concession related to the impact of the COVID-19 pandemic, provided the concession does not result in a substantial increase in the rights of the lessor or in the obligations of the lessee. In 2020 and 2021, we received non-substantial concessions from certain landlords in the form of rent deferrals and abatements related to the COVID-19 pandemic. We have elected to not account for these rent concessions as lease modifications. The recognition of rent concessions did not have a material impact on our consolidated financial statements as of December 31, 2021.We have six sale and leaseback transactions, which do not qualify for sale leaseback accounting due to fixed price renewal options prohibiting sale accounting. These transactions are accounted for under the financing method. Under the financing method, the assets remain on the consolidated balance sheets and the proceeds from the transactions are recorded as a financing liability. A portion of lease payments are applied as payments of deemed principal and imputed interest. The deemed landlord financing liability was $1,515 and $1,845 as of December 31, 2021, and 2020, respectively, with the current portion of the liability included in accrued liabilities, and the remaining portion included in other liabilities on the consolidated balance sheets.

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration