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LEASES | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Lessee, Operating Leases | LEASES The Company enters into leases for real estate and equipment. Real estate leases are for our corporate office space and laboratories around the world. Real estate leases have remaining lease terms of less than 1 year to 17 years. Many of the Company’s leases include options to extend the leases on a month to month basis or for set periods for up to 20 years. Many leases also include options to terminate the leases within 1 year or per other contractual terms. The components of lease expense were as follows (in thousands):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Operating lease cost | $ | 27,919 |  |  | $ | 25,874 |  |  | $ | 23,873 |
Variable lease cost | $ | 9,455 |  |  | $ | 8,569 |  |  | $ | 6,627 |
Supplemental cash flow information related to the leases was as follows (in thousands):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |
Operating cash flows from operating leases | $ | 19,829 |  |  | $ | 17,002 |  |  | $ | 16,266 |
Right-of-use assets obtained in exchange for lease obligations: |  |  |  |  |
Operating leases | 23,960 |  |  | 30,882 |  |  | 33,133 |
Supplemental balance sheet information related to the leases was as follows at December 31 (in thousands):
| 2023 |  | 2022
Operating lease right-of-use assets - related parties | $ | 83,065 |  |  | $ | 86,356 |
Operating lease right-of-use assets - non-related parties | 61,736 |  |  | 52,712 |
Operating lease right-of-use assets | $ | 144,801 |  |  | $ | 139,068 |
Other current liabilities - related parties | 5,730 |  |  | 5,409 |
Other current liabilities - non-related parties | 16,635 |  |  | 13,863 |
Other current liabilities | $ | 22,365 |  |  | $ | 19,272 |
Operating lease liabilities - related parties | 90,568 |  |  | 93,393 |
Operating lease liabilities - non-related parties | 51,554 |  |  | 45,474 |
Operating lease liabilities | 142,122 |  |  | 138,867 |
Total operating lease liabilities | $ | 164,487 |  |  | $ | 158,139 |
Weighted Average Remaining Lease Term (years) |  |  |
Operating leases | 10.0 |  | 11.1
Weighted Average Discount Rate |  |  |
Operating leases | 5.6 | % |  | 5.2 | %
Lease payments due related to lease liabilities as of December 31, 2023 were as follows (in thousands):
| Related Party Operating Leases |  | Non-Related Parties Operating Leases |  | Total Operating Leases
2024 | $ | 11,412 |  |  | $ | 18,671 |  |  | $ | 30,083 |
2025 | 11,607 |  |  | 17,008 |  |  | 28,615 |
2026 | 11,807 |  |  | 14,199 |  |  | 26,006 |
2027 | 10,839 |  |  | 10,974 |  |  | 21,813 |
2028 | 8,609 |  |  | 6,124 |  |  | 14,733 |
Later years | 91,669 |  |  | 9,548 |  |  | 101,217 |
Total lease payments | 145,943 |  |  | 76,524 |  |  | 222,467 |
Less: imputed interest | (49,645) |  |  | (8,335) |  |  | (57,980) |
Total | $ | 96,298 |  |  | $ | 68,189 |  |  | $ | 164,487 |
As of December 31, 2023, we have several additional leases with contractual obligations, which have not yet commenced, with future payments of $2.7 million.

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- 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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