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Leases | 12 Months Ended
--- | ---
Dec. 31, 2021
Leases [Abstract] |
Leases |
15. | Leases
The Company has non-cancelable operating lease arrangements for its office space and equipment that expire at various dates through 2035. The Company additionally rents office equipment under agreements that may be canceled anytime. The following table presents supplemental balance sheet information related to our operating leases:
(In thousands) |  | Balance Sheet Location |  | December 31, 2021 |  | December 31, 2020
Assets |  |  |  |  |  |
Operating lease right-of-use assets |  | Other assets |  | $ | 79,484 |  |  | $ | 85,034 |
Liabilities |  |  |  |  |  |
Current operating lease liabilities |  | Other current liabilities |  | 15,501 |  |  | 16,445 |
Non-current operating lease liabilities |  | Other liabilities |  | 81,046 |  |  | 82,969 |
Total lease liabilities |  |  |  | $ | 96,547 |  |  | $ | 99,414 |
The following table presents the weighted average remaining lease term and discount rate:
Operating leases |  |  |  | December 31, 2021 |  | December 31, 2020 |
Weighted average remaining term (in years) |  |  |  | 9.5 |  | 10.2 |
Weighted average discount rate |  |  |  | 4.4 | % |  | 4.5 | % |
Maturities of our operating lease liabilities are as follows:
(In thousands) |  | December 31, 2021
2022 |  | $ | 19,418 |
2023 |  | 15,262 |
2024 |  | 12,409 |
2025 |  | 10,002 |
2026 |  | 8,667 |
Thereafter |  | 53,358 |
Total lease payments |  | $ | 119,116 |
Less: Imputed interest |  | (22,569) |
Total lease obligations |  | $ | 96,547 |
Less: Current portion of lease obligations |  | (15,501) |
Long-term lease obligations |  | $ | 81,046 |
We recognized $24.3 million, $18.2 million, and $18.3 million of operating lease expense during 2021, 2020 and 2019, respectively, which includes immaterial leases with a term of twelve months or less and variable lease costs, as well as lease expense related to equipment and vehicles. Operating lease expense is classified as general and administrative expenses on our consolidated statements of operations. The following table presents supplemental cash flow and other information related to our leases:
(In thousands) |  | December 31, 2021 |  | December 31, 2020
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows from operating leases |  | $ | 16,464 |  |  | $ | 14,511 |
Non-cash transactions: |  |  |  |
Right-of-use assets obtained in exchange for lease liabilities |  | $ | 14,613 |  |  | $ | 32,469 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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