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Leases
6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Leases LeasesThe Company’s operating leases consist of office facilities, office equipment, and automobiles. As of June 30, 2023, the Company’s leases have remaining terms of less than one year to ten years, some of which include one or more options to renew, with renewal terms from one year to ten years and some of which include options to terminate the leases from less than one year to five years.
The components of operating lease cost reflected in the consolidated statements of operations were as follows:
Three Months EndedSix Months Ended
June 30,June 30,
2023202220232022
Operating lease cost (1)
$4,534 $5,195 $9,162 $10,948 
Variable lease cost1,146 968 2,348 2,241 
Short-term lease cost— — 10 
Total operating lease cost$5,680 $6,168 $11,510 $13,199 
(1)Operating lease cost includes rent cost related to operating leases for office facilities of $4,329 and $5,014 for the three months ended June 30, 2023 and 2022, respectively, and $8,746 and $10,567 for the six months ended June 30, 2023 and 2022, respectively.
Supplemental operating cash flow and other information related to leases was as follows:
Six Months Ended
June 30,
20232022
Cash paid for operating leases included in operating cash flows$9,319 $10,092 
Right-of-use assets obtained in exchange for new operating lease liabilities (1)
$11,212 $5,091 
(1)Right‑of‑use assets obtained in exchange for new operating lease liabilities does not include the impact from acquisitions of $345 and $1,237 for the six months ended June 30, 2023 and 2022, respectively.
The weighted average remaining lease term for operating leases was 4.7 years and 3.9 years as of June 30, 2023 and December 31, 2022, respectively. The weighted average discount rate was 4.3% and 3.4% as of June 30, 2023 and December 31, 2022, respectively.
As of June 30, 2023, the Company had additional minimum operating lease payments of $1,080 for executed leases that have not yet commenced, primarily for office locations.
Leases LeasesThe Company’s operating leases consist of office facilities, office equipment, and automobiles. As of June 30, 2023, the Company’s leases have remaining terms of less than one year to ten years, some of which include one or more options to renew, with renewal terms from one year to ten years and some of which include options to terminate the leases from less than one year to five years.
The components of operating lease cost reflected in the consolidated statements of operations were as follows:
Three Months EndedSix Months Ended
June 30,June 30,
2023202220232022
Operating lease cost (1)
$4,534 $5,195 $9,162 $10,948 
Variable lease cost1,146 968 2,348 2,241 
Short-term lease cost— — 10 
Total operating lease cost$5,680 $6,168 $11,510 $13,199 
(1)Operating lease cost includes rent cost related to operating leases for office facilities of $4,329 and $5,014 for the three months ended June 30, 2023 and 2022, respectively, and $8,746 and $10,567 for the six months ended June 30, 2023 and 2022, respectively.
Supplemental operating cash flow and other information related to leases was as follows:
Six Months Ended
June 30,
20232022
Cash paid for operating leases included in operating cash flows$9,319 $10,092 
Right-of-use assets obtained in exchange for new operating lease liabilities (1)
$11,212 $5,091 
(1)Right‑of‑use assets obtained in exchange for new operating lease liabilities does not include the impact from acquisitions of $345 and $1,237 for the six months ended June 30, 2023 and 2022, respectively.
The weighted average remaining lease term for operating leases was 4.7 years and 3.9 years as of June 30, 2023 and December 31, 2022, respectively. The weighted average discount rate was 4.3% and 3.4% as of June 30, 2023 and December 31, 2022, respectively.
As of June 30, 2023, the Company had additional minimum operating lease payments of $1,080 for executed leases that have not yet commenced, primarily for office locations.