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Leases
9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Leases Leases
We are subject to operating leases, the most significant of which are ground leases. We are the lessee to ground leases under eight of our hotels and two parking garages as of September 30, 2022. The lease liabilities for our operating leases assume the exercise of all available extension options, as we believe they are reasonably certain to be exercised. As of September 30, 2022, our operating leases have a weighted-average remaining lease term of 65 years and a weighted-average discount rate of 5.77%.

The components of operating lease expense, which is included in other hotel expenses in our consolidated statements of operations, and cash paid for amounts included in the measurement of lease liabilities, are as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
 2022202120222021
Operating lease cost$2,797 $2,781 $8,370 $8,315 
Variable lease payments$447 $251 $1,210 $416 
Cash paid for amounts included in the measurement of operating lease liabilities$1,011 $884 $2,990 $2,628 

Maturities of lease liabilities as of September 30, 2022 are as follows (in thousands):
Year Ending December 31,
2022 (excluding the nine months ended September 30, 2022)$999 
20234,033 
20244,012 
20254,072 
20264,640 
Thereafter759,838 
Total lease payments777,594 
Less imputed interest(667,307)
Total lease liabilities$110,287