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Leases (Tables)
6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense recognized in the Condensed Consolidated Statements of Operations were as follows (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2021202020212020
Operating lease cost$1,202 $1,412 $2,297 $2,848 
Variable lease cost394 399 700 792 
  Total lease cost$1,596 $1,811 $2,997 $3,640 
Lease-related assets and liabilities were as follows as of June 30, 2021 and December 31, 2020 (in thousands):
June 30,
2021
December 31,
2020
Assets
Prepaid expenses and other current assets$6,599 $3,972 
Operating lease right-of-use assets40,983 30,561 
Liabilities
Other current liabilities$1,561 $1,845 
Operating lease liabilities53,936 40,146 
Total lease liabilities$55,497 $41,991 
Schedule of Minimum Lease Payments Under Leases
Future minimum lease payments under non-cancellable leases as of June 30, 2021 were as follows (in thousands):
Years ending December 31,
2021(1)
$(4,645)
2022(1)
4,022 
2023(1)
4,850 
2024(1)
5,814 
20256,481 
Thereafter46,783 
Total future minimum lease payments63,305 
Less: imputed interest(14,407)
Total(2)
$48,898 
(1) Future minimum lease payments for the years ending December 31, 2021, 2022, 2023, and 2024 are presented net of tenant improvement allowances of $6.9 million, $0.6 million, $0.8 million, and $0.2 million, respectively.
(2) Total future minimum lease payments include the current portion of lease liabilities recorded in Prepaid expenses and other current assets of $6.6 million on our Condensed Consolidated Balance Sheets, which relates to certain of our leases for which the lease incentives to be received exceed the minimum lease payments to be paid over the next 12 months.