XML 40 R32.htm IDEA: XBRL DOCUMENT
v3.23.2

LEASES (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Leases [Abstract] |
Lease, Cost | Operating lease expense was as follows (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2023 |  | 2022 |  |  |  | 2023 |  | 2022 |  |
Rent expense | $ | 3,345 |  | $ | 2,506 |  |  |  | $ | 6,786 |  | $ | 5,149 |  |
Variable lease payments | (12) |  | 108 |  |  |  | 131 |  | 198 |  |
Supplemental information related to the Company’s operating leases was as follows ($ in thousands):
| As of June 30, 2023 |  | December 31, 2022
Weighted-average remaining lease term (in years) | 7.8 |  | 8.2
Weighted-average discount rate | 5.7 | % |  | 5.7 | %
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2023 |  | 2022 |  |  |  | 2023 |  | 2022 |  |
Operating lease right-of-use assets recognized in exchange for new operating lease obligations | $ | — |  |  | $ | 2,879 |  |  |  |  | $ | 290 |  |  | $ | 45,403 |  |  |
Lessee, Operating Lease, Liability, Maturity | As of June 30, 2023, future minimum lease commitments under non-cancelable operating leases were as follows (in thousands):
2023 | $ | 5,538 |
2024 | 8,577 |
2025 | 7,544 |
2026 | 7,544 |
2027 | 6,997 |
Thereafter | 27,614 |
Total | 63,814 |
Less: imputed interest | (12,724) |
Total operating lease liabilities | $ | 51,090 |

X
- 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
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration