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Leases (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Schedule of Lease Costs | The table below summarizes the Company's total lease costs included in its consolidated financial statements, as well as other required quantitative disclosures (in thousands).
| As of December 31, 2023 |  | As of December 31, 2022
Finance lease cost: |  |  |  |  |
Amortization of right-of-use assets | $ | 2,712 |  |  |  | $ | 1,960 |  |
Interest on lease liabilities | 2,417 |  |  |  | 1,808 |  |
Total finance lease cost |  | $ | 5,129 |  |  |  | $ | 3,768 |
Operating lease cost |  | 10,385 |  |  |  | 12,920 |
Variable lease cost |  | 14,148 |  |  |  | 11,254 |
Total lease cost |  | $ | 29,662 |  |  |  | $ | 27,942 |
Other information: |  |  |  |  |
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |  |
Operating cash flows for finance leases |  | $ | 2,417 |  |  |  | $ | 1,907 |
Operating cash flows for operating leases |  | $ | 9,098 |  |  |  | $ | 11,450 |
Financing cash flows for finance leases |  | $ | 1,217 |  |  |  | $ | 601 |
Right-of-use assets obtained in exchange for new finance lease liabilities |  | $ | — |  |  |  | $ | 16,741 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  | $ | 5,329 |  |  |  | $ | 565 |
Weighted average remaining lease term - finance leases |  | 7.6 years |  |  | 8.6 years
Weighted average remaining lease term - operating leases |  | 2.5 years |  |  | 3.2 years
Weighted average discount rate - finance leases |  | 7.9 | % |  |  | 7.9 | %
Weighted average discount rate - operating leases |  | 7.6 | % |  |  | 7.0 | %
Schedule of Maturity of Operating Lease Liabilities | The table below presents the maturity of lease liabilities on an annual basis for the remaining years of the Company's commenced lease agreements (in thousands).
Year Ending December 31, | Finance Leases |  | Operating Leases
2024 | $ | 4,840 |  |  | $ | 8,701 |
2025 | 4,967 |  |  | 8,219 |
2026 | 5,097 |  |  | 2,106 |
2027 | 5,228 |  |  | 654 |
2028 | 5,361 |  |  | 408 |
Thereafter | 14,157 |  |  | 70 |
Total | 39,650 |  |  | 20,158 |
Less: present value discount | 10,014 |  |  | 1,113 |
Present value of lease liabilities | $ | 29,636 |  |  | $ | 19,045 |
Balance Sheet Classification at December 31, 2023: |  |  |
Current lease liabilities | $ | 2,610 |  |  | $ | 8,032 |
Long-term lease liabilities | 27,026 |  |  | 11,013 |
Total lease liabilities | $ | 29,636 |  |  | $ | 19,045 |
Schedule of Maturity of Finance Lease Liabilities | The table below presents the maturity of lease liabilities on an annual basis for the remaining years of the Company's commenced lease agreements (in thousands).
Year Ending December 31, | Finance Leases |  | Operating Leases
2024 | $ | 4,840 |  |  | $ | 8,701 |
2025 | 4,967 |  |  | 8,219 |
2026 | 5,097 |  |  | 2,106 |
2027 | 5,228 |  |  | 654 |
2028 | 5,361 |  |  | 408 |
Thereafter | 14,157 |  |  | 70 |
Total | 39,650 |  |  | 20,158 |
Less: present value discount | 10,014 |  |  | 1,113 |
Present value of lease liabilities | $ | 29,636 |  |  | $ | 19,045 |
Balance Sheet Classification at December 31, 2023: |  |  |
Current lease liabilities | $ | 2,610 |  |  | $ | 8,032 |
Long-term lease liabilities | 27,026 |  |  | 11,013 |
Total lease liabilities | $ | 29,636 |  |  | $ | 19,045 |

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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