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Revenue
 6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Contract Balances
The following table provides information about accounts receivable, net, deferred contract acquisition costs, net, contract assets and contract liabilities from contracts with customers (in thousands):
June 30, 2023December 31, 2022
Accounts receivable, net$88,461 $87,494 
Deferred contract acquisition costs, net:
Current$54,462 $47,242 
Non-current126,555 114,880 
Total deferred contract acquisition costs, net$181,017 $162,122 
Contract assets and contract liabilities:
Contract assets (included in prepaid expenses and other current assets)$2,875 $3,401 
Contract liabilities (deferred revenue) (57,539)(57,816)
Noncurrent contract liabilities (deferred revenue) (included in other long-term liabilities)(775)(1,178)
Net contract liabilities$(55,439)$(55,593)
The Company receives payments from customers based upon billing cycles. Invoice payment terms are usually 30 days or less. Accounts receivable are recorded when the right to consideration becomes unconditional.
Deferred contract acquisition costs are recorded when incurred and are amortized over an estimated customer benefit period of five years.
The Company’s contract assets consist of unbilled amounts typically resulting from professional services revenue recognition when it exceeds the total amounts billed to the customer. The Company’s contract liabilities consist of advance payments and billings in excess of revenue recognized.
In the three and six months ended June 30, 2023, the Company recognized revenue of $10.1 million and $41.6 million, respectively, related to its contract liabilities at December 31, 2022.
Remaining Performance Obligations
As of June 30, 2023, the aggregate amount of the total transaction price allocated in contracts with original duration of greater than one year to the remaining performance obligations was $1,042.2 million. The Company expects to recognize revenue on approximately three-fourths of the remaining performance obligations over the next 24 months, with the balance recognized thereafter. The Company excludes amounts for remaining performance obligations that are part of contracts with an original expected duration of one year or less. Such remaining performance obligations represent unsatisfied or partially unsatisfied performance obligations.