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Leases
 3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Leases LEASES
The Company's operating leases are primarily for office facilities. The leases have remaining terms ranging from less than one year to ten years and may include options to extend or terminate the lease. The depreciable life of operating lease right-of-use assets is limited by the expected lease term. The Company has executed sublease agreements for a portion of its available office space. The subleases are also classified as operating leases.
The components of lease expense are as follows (in thousands):
 Three Months Ended
 March 31, 2024March 31, 2023
Operating lease expense
$18,133 $21,475 
Variable lease expense5,522 6,292 
Sublease income(910)— 
Total operating lease expense$22,745 $27,767 
Supplemental cash flow information related to leases is as follows (in thousands):
 Three Months Ended
 March 31, 2024March 31, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases$21,257 $16,993 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$— $2,057 
Decrease in operating lease right-of-use assets due to impairment (See Note 15 for details)$576 $3,790 
Supplemental balance sheet information related to leases is as follows (in thousands, except lease term and discount rate):
 As of
 March 31, 2024December 31, 2023
Operating lease right-of-use assets$358,105 $371,444
Operating lease liability, current (included in Accrued liabilities)$71,076 $68,099
Operating lease liability, non-current568,627 586,174
Total operating lease liability$639,703 $654,273
Weighted-average remaining term for operating leases (in years)7.77.9
Weighted-average discount rate for operating leases3.95 %3.94 %
Future lease payments under operating leases excluding any sublease income from sublease arrangements as of March 31, 2024 are as follows (in thousands):
Year Ending December 31,Operating Leases
2024 (remaining 9 months)$68,024 
202598,152 
202699,777 
202799,558 
202899,997 
Thereafter282,452 
Total future lease payments747,960 
Less: imputed interest(103,702)
Less: expected tenant improvement allowance(4,555)
Total (1)
$639,703 
(1) Total lease liabilities include liabilities related to operating leases right-of-use assets which were included in the impairment charges as part of the Company’s restructuring efforts reflected in Note 15 to the condensed consolidated financial statements.
As of March 31, 2024, the Company had no commitments relating to operating leases that have not yet commenced.
As of March 31, 2024, the Company expects to receive approximately $43.9 million from its sublease arrangements which have a weighted average remaining lease term of approximately 5.7 years.