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LEASES (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Summary of lease costs | Lease expense, which is included in general and administrative expense on the accompanying consolidated statements of operations and comprehensive income (loss), consists of the following (in thousands):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Operating lease cost | $ | 9,506 |  |  | $ | 11,862 |  |  | $ | 13,160 |
Short-term lease cost | 26 |  |  | 45 |  |  | 39 |
Total lease cost | $ | 9,532 |  |  | $ | 11,907 |  |  | $ | 13,199 |
Weighted average remaining lease term and discount rate for operating leases are as follows:
| December 31, 2023 |  | December 31, 2022 |  | December 31, 2021 |  |
Weighted average remaining lease term | 11.6 years |  | 12.1 years |  | 12.3 years |  |
Weighted average discount rate | 5.0 | % |  | 5.0 | % |  | 5.0 | % |  |
Schedule of supplemental cash flow | Supplemental cash flow information related to leases is as follows (in thousands):
| Year Ended December 31, |  |
| 2023 |  | 2022 |  | 2021 |  |
Net cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |
Operating cash flows from operating leases | $ | 13,705 |  |  | $ | 13,357 |  |  | $ | 329 |  |  |
Right-of-use assets obtained in exchange for new operating lease liabilities | $ | 861 |  |  | $ | 975 |  |  | $ | 1,250 |  |  |
Schedule of lease maturity | Maturities of lease liabilities as of December 31, 2023 are as follows (in thousands):
| Operating Leases
Year ending December 31, 2024 | $ | 11,352 |
Year ending December 31, 2025 | 9,452 |
Year ending December 31, 2026 | 9,564 |
Year ending December 31, 2027 | 7,891 |
Year ending December 31, 2028 | 7,507 |
Thereafter | 65,348 |
Total lease payments | 111,114 |
Less: Interest | 28,704 |
Present value of lease liabilities | $ | 82,410 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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