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Leases
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Leases Leases
The Company leases office space in all of its locations under non-cancelable operating leases with various expiration dates through 2024. Tenant improvement allowance received for the leases in place as of December 31, 2021 totaled $1.8 million, which were received in cash in a prior period. There were no new tenant improvement allowances received during the year ended December 31, 2021.
The components of lease expense, lease term, and discount rate for operating leases were as follows:
Years Ended December 31,
202120202019
Operating lease expense (in thousands)$3,824 $3,202 $2,594 
Weighted-average remaining lease term (in years)2.22.63.0
Weighted-average discount rate 5.0 %5.8 %6.2 %
Supplemental cash flow information related to leases was as follows:
Years Ended December 31,
(in thousands)202120202019
Cash payments, net of receipts, included in the measurement of operating lease liabilities – operating cash flows$3,538 $3,315 $2,927 
The following table represents the maturity of lease liabilities as of December 31, 2021 (in thousands):
Year Ending December 31,
2022$3,501 
20231,565 
20241,375 
2025— 
2026 and Thereafter
— 
Total lease payments6,441 
Less: Imputed interest(294)
Present value of operating lease liabilities$6,147