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Leases | 12 Months Ended
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Dec. 31, 2021
Leases [Abstract] |
Leases | Leases As of December 31, 2021, the maturities of the operating lease liabilities and a reconciliation to the present value of lease liabilities were as follows (in thousands):
| Remaining Lease Payments
2022 | $ | 9,752 |
2023 | 10,313 |
2024 | 10,388 |
2025 | 6,929 |
2026 | 5,904 |
Thereafter | 59,496 |
Total remaining lease payments | 102,782 |
Less: imputed interest | (23,609) |
Total operating lease liabilities | 79,173 |
Less: current portion | (6,884) |
Long-term operating lease liabilities | $ | 72,289 |
Weighted-average remaining lease term (in years) | 12.76
Weighted-average discount rate | 3.9 | %
The following summarizes additional supplemental data related to the operating leases for the years ended December 31, 2021 and 2020 (in thousands):
|  | 2021 |  | 2020
Operating lease costs |  | $ | 11,231 |  |  | $ | 8,371 |
Right-of-use assets obtained in exchange for operating lease liabilities |  | $ | 39,785 |  |  | $ | 25,461 |
Cash paid for operating leases |  | $ | 10,165 |  |  | $ | 7,116 |
As of December 31, 2021, the Company has entered into $4.9 million of contractually binding minimum lease payments for a lease executed but not yet commenced. This amount is excluded from the above tables and relates to the lease of an administrative space in Carlsbad, California that commenced in January 2022. In 2021, the Company’s lease of its new laboratory and headquarters facility in Fort Myers, Florida commenced. As of December 31, 2021, the Company had paid approximately $25.0 million to the landlord for the construction of the underlying assets which was classified as a prepaid lease asset until the lease commenced in the third quarter of 2021 at which time the prepaid lease asset was included in the calculation of the right-of-use asset. As of December 31, 2021, the Company had paid approximately $17.0 million to the landlord for leasehold improvements, which are included in property and equipment, net, for its new laboratory and headquarters facility. As of December 31, 2021, all disbursements to the landlord had been completed. As of December 31, 2020, $21.9 million remained unpaid in a construction disbursement escrow account for final remaining disbursements to the landlord and remained in restricted cash on the Consolidated Balance Sheets.

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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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