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Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2021

Commitments and Contingencies Disclosure [Abstract]

Lessee, Operating Lease, Disclosure

Below is a summary of our right of use asset and lease liability as of March 31, 2021:

			As of
			March 31, 2021
Right of use asset - Operating leases			$	26,896
Operating lease liability			$	32,700
Weighted-average remaining lease term (years)			6.9
Weighted-average discount rate (1)			7.4		%

(1)    Discount rate was determined by applying available market rates to lease obligations based upon their term.

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

As of March 31, 2021, the approximate aggregate minimum future lease payments required for our lease liability over the remaining lease periods are as follows:

			March 31, 2021
Remainder of 2021			$	6,641
2022			7,806
2023			7,041
2024			6,168
2025			5,437
2026 and thereafter			16,043
Total minimum payments			49,136
Less: liabilities held for sale			(757)
Less: present value adjustment			(15,679)
Total			$	32,700

Schedule of rent expense for the Company’s office leases

The following table presents rent expense for the Company’s office leases recorded on the condensed consolidated statements of operations for the following periods:

			Three Months Ended March 31,
			2021						2020
Rent expense for office leases (1)			$	2,195					$	2,133

(1) Includes lease expense of $153 and $101 for the three months ended March 31, 2021 and 2020, respectively, for assets held for sale.

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Tabular disclosure for lessee's operating leases. Includes, but is not limited to, description of lessee's operating lease, existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions.

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Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.

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Tabular disclosure of the detailed components of other nonoperating expenses. This disclosure may include methodology, assumptions and amounts for : (a) losses on securities (net of profits) and (b) miscellaneous income deductions.

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