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Leases
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Leases Leases
We lease office space in several locations globally under operating lease arrangements, and in limited instances may enter into operating or finance leases for flight equipment. Our leases have remaining lease terms of up to 17 years, and in some cases we have options to extend the lease terms for up to ten years. Our finance lease arrangements may be terminated prior to their original expiration date at our discretion.
As of December 31, 2022 and 2021, operating lease ROU assets net of lease incentives and lease deficiencies included in other assets were $82.0 million and $95.8 million, respectively, and operating lease liabilities included in accounts payable, accrued expenses and other liabilities were $135.2 million and $173.6 million, respectively. As of December 31, 2022 and 2021, finance lease liabilities included in other secured debt were $137.2 million and $140.5 million, respectively.
As of December 31, 2022 and 2021, supplemental balance sheet information related to leases was as follows:
December 31, 2022December 31, 2021
Operating leasesFinance leasesOperating leases Finance leases
Weighted average remaining lease term (years)4.514.35.015.3
Weighted average discount rate3.8 %6.5 %3.5 %6.5 %
As of December 31, 2022, maturities of operating and finance lease liabilities were as follows:
Operating leasesFinance leases
2023$50,638 $12,361 
202446,401 12,361 
202512,605 12,361 
20268,099 12,361 
20278,131 12,361 
Thereafter25,580 173,482 
Total lease payments$151,454 $235,287 
Less imputed interest(16,239)(98,127)
Present value of lease liabilities$135,215 $137,160 
Leases Leases
We lease office space in several locations globally under operating lease arrangements, and in limited instances may enter into operating or finance leases for flight equipment. Our leases have remaining lease terms of up to 17 years, and in some cases we have options to extend the lease terms for up to ten years. Our finance lease arrangements may be terminated prior to their original expiration date at our discretion.
As of December 31, 2022 and 2021, operating lease ROU assets net of lease incentives and lease deficiencies included in other assets were $82.0 million and $95.8 million, respectively, and operating lease liabilities included in accounts payable, accrued expenses and other liabilities were $135.2 million and $173.6 million, respectively. As of December 31, 2022 and 2021, finance lease liabilities included in other secured debt were $137.2 million and $140.5 million, respectively.
As of December 31, 2022 and 2021, supplemental balance sheet information related to leases was as follows:
December 31, 2022December 31, 2021
Operating leasesFinance leasesOperating leases Finance leases
Weighted average remaining lease term (years)4.514.35.015.3
Weighted average discount rate3.8 %6.5 %3.5 %6.5 %
As of December 31, 2022, maturities of operating and finance lease liabilities were as follows:
Operating leasesFinance leases
2023$50,638 $12,361 
202446,401 12,361 
202512,605 12,361 
20268,099 12,361 
20278,131 12,361 
Thereafter25,580 173,482 
Total lease payments$151,454 $235,287 
Less imputed interest(16,239)(98,127)
Present value of lease liabilities$135,215 $137,160