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Leases (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Schedule of Lease Cost | The Company's lease costs were as follows:
| Year Ended December 31,
(in thousands) | 2023 |  | 2022
Operating lease cost | $ | 13,786 |  |  | $ | 12,073 |
Short-term lease cost | — |  |  | 40 |
Sublease income | (234) |  |  | (559) |
Total lease cost | $ | 13,552 |  |  | $ | 11,554 |
Schedule of Operating Lease Assets and Liabilities | Leases recognized in the consolidated balance sheets consisted of the following:
| December 31, |  |  |
(in thousands) | 2023 |  | 2022 |  |  |
Assets: |  |  |  |  |  |
Operating lease right-of-use assets | $ | 85,101 |  |  | $ | 68,985 |  |  |  |
Liabilities: |  |  |  |  |  |
Current operating lease liabilities | $ | 4,238 |  |  | $ | 10,663 |  |  |  |
Long-term operating lease liabilities | 109,483 |  |  | 70,994 |  |  |  |
Total lease liabilities | $ | 113,721 |  |  | $ | 81,657 |  |  |  |
Schedule of Operating Leases, Other Information | Other information related to the Company's lease arrangements were as follows:
| Year Ended December 31,
(in thousands) | 2023 |  | 2022
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows from operating leases | $ | 12,714 |  |  | $ | 14,145 |
ROU assets obtained in exchange for lease liabilities in non-cash transactions: |  |  |
Operating lease assets obtained in exchange for operating lease liabilities | $ | 28,605 |  |  | $ | 44,481 |
Weighted-average remaining lease term | 33.1 years |  | 41.0 years
Weighted-average discount rate | 5.04 | % |  | 4.77 | %
Schedule of Operating Lease Maturities | As of December 31, 2023, the maturities of the lease liabilities were as follows:
(in thousands) |  |  |  |
2024 | $ | 6,454 |  |  |  |
2025 | 8,168 |  |  |  |
2026 | 12,159 |  |  |  |
2027 | 12,605 |  |  |  |
2028 | 12,592 |  |  |  |
Thereafter | 320,575 |  |  |  |
Total minimum lease payments | $ | 372,553 |  |  |  |
Less: imputed interest | 258,832 |  |  |  |
Present value of the minimum lease payments | $ | 113,721 |  |  |  |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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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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