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Leases | 9 Months Ended
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Sep. 30, 2021
Leases [Abstract] |
Leases | NOTE 5 – LEASES The Company has operating leases for facilities and equipment which have remaining terms ranging from 1 to 12 years. The leases may include options to extend the lease periods for up to 5 years at rates approximating market rates and/or options to terminate the leases within 1 year. The leases may include a residual value guarantee or a responsibility to return the property to its original state of use. A limited number of leases contain provisions that provide for rental increases based on consumer price indices. The change in rent expense resulting from changes in these indices are included within variable rent. Operating leases consisted of the following at September 30, 2021:
|  | September 30, 2021 |  |  | December 31, 2020 |
Real estate facilities |  | $ | 156,020 |  |  | $ | 157,010 |
Office equipment |  |  | 2,117 |  |  |  | 1,864 |
Other |  |  | 690 |  |  |  | 580 |
|  |  | 158,827 |  |  |  | 159,454 |
Amortization of right-of-use assets |  |  | (54,904 | ) |  |  | (32,322 | )
Total operating lease right-of-use assets |  | $ | 103,923 |  |  | $ | 127,132 |
Rent expense is recognized on a straight-line basis over the lease term. Rent expense consists of the following:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, 2021 |  |  | September 30, 2020 |  |  | September 30, 2021 |  |  | September 30, 2020 |
Operating lease costs |  | $ | 8,557 |  |  | $ | 9,605 |  |  | $ | 26,004 |  |  | $ | 28,375 |
Short-term lease costs |  |  | 91 |  |  |  | 276 |  |  |  | 327 |  |  |  | 1,149 |
Variable lease costs |  |  | 13 |  |  |  | 1 |  |  |  | 32 |  |  |  | 2 |
Total rent expense |  | $ | 8,661 |  |  | $ | 9,882 |  |  | $ | 26,363 |  |  | $ | 29,526 |
Future minimum lease payments under non-cancellable leases as of September 30, 2021 were as follows:
September 30, 2022 |  | $ | 38,473 |
September 30, 2023 |  |  | 24,552 |
September 30, 2024 |  |  | 18,476 |
September 30, 2025 |  |  | 13,622 |
September 30, 2026 |  |  | 12,606 |
Thereafter |  |  | 27,346 |
Total future minimum lease payments |  |  | 135,075 |
Less: Interest |  |  | (12,125 | )
Total operating lease liabilities |  | $ | 122,950 |
Operating lease liabilities - current |  | $ | 35,418 |
Operating lease liabilities - non-current |  |  | 87,532 |
Total operating lease liabilities |  | $ | 122,950 |
Other information related to operating leases is as follows:
|  | September 30, 2021 |  |  | September 30, 2020 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |  |
Operating cash flows from operating leases |  | $ | 18,743 |  |  | $ | 29,248 |
Right-of-use assets obtained in exchange for operating lease liabilities |  | $ | 969 |  |  | $ | 29,581 |
Weighted-average remaining lease term - operating leases |  |  | 5.7 |  |  |  | 6.0 |
Weighted-average discount rate - operating leases |  |  | 3.3 | % |  |  | 3.4 | %
At September 30, 2021, the Company had an additional operating lease that had not yet commenced with a potential lease liability of $113.3 million. The operating lease has a term of approximately 18 years and is now anticipated to commence on January 1, 2022 (previously March 1, 2022) when the Company takes possession of the property upon completion of buildouts.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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