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Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Summary of Total Lease Costs

The Company's total lease costs were as follows (in thousands):


	Year Ended December 31,
	2024			2023			2022
Finance lease costs:
Right-of-use assets with no alternative future use	$	794		$	18,871		$	63,321
Amortization of right-of-use assets	—				102			102
Interest on lease liabilities		1,030			3,846			1,720
Operating lease costs		5,437			6,159			3,832
Short-term lease costs		19			32			758
Variable lease costs		7,491			8,043			1,769
Total lease costs	$	14,771		$	37,053		$	71,502

Summary of Future Minimum Lease Payments

Future minimum lease payments were as follows (in thousands) as of December 31, 2024:


	Operating Leases
2025	$	7,606
2026		7,835
2027		8,071
2028		8,315
2029		8,567
Thereafter		42,472
Total lease payments		82,866
Less:
Imputed interest		(29,016	)
Present value of total lease liabilities	$	53,850

Summary of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases is as follows (in thousands) for the year ended December 31, 2024 and 2023:


	2024			2023			2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases	$	6,591		$	8,770		$	1,708
Operating cash flows from operating leases		7,291			4,603			1,947
Financing cash flows from finance leases		39,846			29,392			9,675
Right-of-use assets obtained in exchange for new finance lease liabilities		794			18,871			63,321
Right-of-use assets obtained in exchange for new operating lease liabilities		—			(550	)		29,562

Summary of Weighted-Average Remaining Lease Terms and Discount Rates

Weighted-average remaining lease terms and discount rates were as follows as of December 31, 2024:


Weighted-average remaining lease term — operating leases	9.6 years
Weighted-average discount rate — operating leases	9.8%