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Leases (Tables)
3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Schedule of Lease Costs The following table illustrates operating and variable lease costs, included in selling, general and administrative expenses within the Company's Consolidated Statements of Operations, for the periods indicated:
Three months ended March 31,
20222021
Operating lease costs$36,699 $34,935 
Variable lease costs$3,759 $2,920 
The weighted average remaining lease term and discount rate for the periods indicated below were as follows:
As of March 31, 2022As of December 31, 2021As of March 31, 2021
Weighted average remaining lease term (in years)8.698.739.05
Weighted average discount rate3.72 %3.72 %3.82 %
Supplemental Cash Flow Information
The following table presents supplemental information relating to cash flow arising from lease transactions:
Three months ended March 31,
20222021
Operating cash outflows from operating leases$43,903 $45,909 
Leased assets obtained in exchange for new operating lease liabilities$(892)$4,074 
Schedule of Operating Lease Liability Maturity The following table presents the future minimum lease payments under the Company's operating lease liabilities as of March 31, 2022:
Fiscal year ending March 31,
2023$165,333 
2024141,401 
2025119,869 
202688,897 
202770,360 
2028 and thereafter363,083 
Total lease payments$948,943 
Less: Interest145,127 
Total present value of lease liabilities$803,816