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LEASES | 9 Months Ended
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Sep. 30, 2022
Leases [Abstract] |
LEASES | LEASES Leases primarily pertain to certain controlled aircraft, corporate headquarters, and operational facilities, including aircraft hangars, which are primarily accounted for as operating leases. We sublease the corporate headquarters from a third party and sublease the aircraft hangar at Cincinnati/Northern Kentucky International Airport from Delta Air Lines, Inc. (“Delta”). We have certain variable lease agreements with aircraft owners that contain payment terms based on an hourly lease rate multiplied by the number of flight hours during a month. Variable lease payments were $3.6 million and $12.5 million for the three and nine months ended September 30, 2022, respectively, and $3.2 million and $12.1 million for the three and nine months ended September 30, 2021, respectively. The components of net lease cost were as follows (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Operating lease costs | $ | 9,789 |  |  | $ | 12,643 |  |  | $ | 28,614 |  |  | $ | 29,900 |
Short-term lease costs | 8,086 |  |  | 3,331 |  |  | 22,600 |  |  | 16,139 |
Total lease costs | $ | 17,875 |  |  | $ | 15,974 |  |  | $ | 51,214 |  |  | $ | 46,039 |
Costs related to leased aircraft and operational facilities were $15.0 million and $43.3 million for the three and nine months ended September 30, 2022, respectively, and $14.0 million and $40.7 million for the three and nine months ended September 30, 2021, respectively, and are included in cost of revenue in the condensed consolidated statements of operations. Costs related to leased corporate headquarters and other office space including expenses for non-lease components were $2.9 million and $7.9 million for the three and nine months ended September 30, 2022, respectively, and $2.0 million and $5.1 million for the three and nine months ended September 30, 2021, respectively, and are included in general and administrative expense in the condensed consolidated statements of operations. Supplemental cash flow information related to leases were as follows (in thousands):
| Nine Months Ended September 30,
| 2022 |  | 2021
Cash paid for amounts included in the measurement of operating lease liabilities: |  |  |
Operating cash flows paid for operating leases | $ | 28,865 |  |  | $ | 27,773 |
Right-of-use assets obtained in exchange for operating lease obligations | $ | 46,916 |  |  | $ | 62,856 |
Supplemental balance sheet information related to leases are as follows:
| September 30, 2022 |  | December 31, 2021
Weighted-average remaining lease term (in years): |  |  |
Operating leases | 5.8 |  | 6.4
Weighted-average discount rate: |  |  |
Operating leases | 9.0 | % |  | 9.5 | %
Maturities of lease liabilities, as of September 30, 2022, were as follows (in thousands):
Year ending December 31, | Operating Leases
2022 (excluding the nine months ended September 30, 2022) | $ | 10,074 |
2023 | 38,557 |
2024 | 33,090 |
2025 | 19,384 |
2026 | 11,230 |
Thereafter | 42,441 |
Total lease payments | 154,776 |
Less: Imputed interest | (37,698) |
Total lease obligations | $ | 117,078 |

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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 https://asc.fasb.org/subtopic&trid=77888251 + Details
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