XML 52 R40.htm IDEA: XBRL DOCUMENT v3.25.2
Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases  
Schedule of lease expense

    

Three Months Ended

    

Six Months Ended

    

June 30, 

    

June 30, 

2025

    

2024

2025

    

2024

Operating lease cost

$

1,917

$

1,231

$

3,499

$

2,429

Variable lease cost

 

102

 

150

 

199

 

260

Total lease expense

$

2,019

$

1,381

$

3,698

$

2,689

Schedule of other information

Three Months Ended

Six Months Ended

June 30, 

June 30, 

2025

2024

2025

2024

Operating leases net operating cash outflows

$

2,779

$

1,007

$

4,038

$

1,216

Right-of-use assets exchanged for new operating lease liabilities

$

$

$

5,962

$

2,118

Weighted-average remaining lease term – operating leases

 

5.5

 

6.8

 

5.5

 

6.8

Weighted-average discount rate – operating leases

 

7.3

%  

 

6.8

%  

 

7.3

%  

 

6.8

%

Schedule of future minimum operating lease payments

    

Ground lease

    

Office and other leases

    

Total

Remainder of 2025

$

1,028

$

1,449

$

2,477

2026

 

2,119

 

4,028

 

6,147

2027

2,183

3,433

5,616

2028

 

2,249

 

2,989

 

5,238

2029

 

2,316

 

2,275

 

4,591

Thereafter

 

5,053

 

2,106

 

7,159

Total undiscounted lease payments

 

14,948

 

16,280

 

31,228

Less present value discount

 

(3,273)

 

3,193

 

(80)

Present value of lease liabilities

$

11,675

$

19,473

$

31,148