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Leases
9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Leases
7 — Leases

The following table summarizes the components of the Company's operating lease expense for the three and nine months ended September 30, 2024 and 2023:

Three months ended
September 30,
Nine months ended
September 30,
2024202320242023
in thousands
Operating lease expense (1)
$1,882 $3,172 $5,920 $9,472 
Short-term lease expense (1)
30 131 100 347 
Variable lease expense (1) (2)
1,475 2,031 3,375 3,680 
Sublease revenue (3)
(344)(202)(1,000)(399)
Lease cost, net$3,043 $5,132 $8,395 $13,100 
(1)    Classified within "General and administrative" on the Condensed Consolidated Statements of Operations.
(2)    Amounts include payments for maintenance, taxes, insurance, and payments affected by the Consumer Price Index.
(3)    Classified within "Membership, marketplace and other revenue" on the Condensed Consolidated Statements of Operations.

The following tables summarize supplemental balance sheet information related to operating leases as of September 30, 2024 and December 31, 2023:

September 30,December 31,
20242023
in thousands
Operating lease ROU assets $45,916 $50,515 
Current lease liabilities (1)
6,620 6,500 
Long-term lease liabilities44,866 50,459 
Total operating lease liabilities$51,486 $56,959 
September 30,December 31,
20242023
in thousands
ROU assets obtained in exchange for new operating lease liabilities$1,055 $632 
Weighted average lease term8.399.01
Weighted average discount rate4.9 %4.8 %
(1)    Current lease liabilities are recorded within "Accounts payable, accrued expenses and other current liabilities" on the Condensed Consolidated Balance Sheets.

The following table summarizes information about the amount and timing of the Company's future operating lease commitments as of September 30, 2024:

in thousands
2024$2,262 
20258,964 
20268,292 
20277,907 
20287,903 
Thereafter28,296 
Total lease payments63,624 
Less: imputed interest(12,138)
Total lease liabilities$51,486