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LEASES (Tables) | 3 Months Ended
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Mar. 31, 2024
Leases [Abstract] |
Summary of Operating Lease Cost and Supplemental Cash Flow Information Related to Operating Leases | The following table presents the Company’s operating lease cost and supplemental cash flow information related to the Company’s operating leases (in thousands):
|  | Three Months Ended March 31, |
|  | 2024 |  |  | 2023 |
Operating lease cost |  | $ | 1,103 |  |  | $ | 1,221 |
Non-cash activity: |  |  |  |  |  |
Right-of-use assets obtained in exchange for lease obligations |  | $ | — |  |  | $ | — |
Schedule of Operating Lease Right of Use Assets and Liabilities | The following table presents the Company’s operating lease right-of-use assets and liabilities (in thousands):
|  | March 31, 2024 |  |  | December 31, 2023 |
Right-of-use assets |  | $ | 23,998 |  |  | $ | 24,910 |
Short-term lease liabilities |  |  | 3,582 |  |  |  | 3,533 |
Long-term lease liabilities |  |  | 21,945 |  |  |  | 22,855 |
Schedule of Weighted Average Assumptions Used to Compute Right-of-use Assets and Lease Liabilities | The following table presents weighted average assumptions used to compute the Company’s right-of-use assets and lease liabilities:
|  | March 31, 2024 |
Weighted average remaining lease term (in years) |  |  | 6.5 |
Weighted average discount rate |  |  | 3.7 | %
Schedule of Undiscounted Future Minimum Lease Payments Having Non-cancelable Lease Terms | Undiscounted future minimum lease payments as of March 31, 2024, by year and in the aggregate, having non-cancelable lease terms in excess of one year were as follows (in thousands):
|  | Maturities of Operating Lease Liabilities |
2024 (1) |  | $ | 3,210 |
2025 |  |  | 4,315 |
2026 |  |  | 4,395 |
2027 |  |  | 4,317 |
2028 |  |  | 4,026 |
Thereafter |  |  | 8,052 |
Total lease payments |  |  | 28,315 |
Less: Imputed interest |  |  | (2,788 | )
Present value of lease payments |  | $ | 25,527 |
(1) Scheduled maturities of lease liabilities represent the period from April 1, 2024 to December 31, 2024.

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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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