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Leases (Tables)
 9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Quantitative Disclosures Related to Operating Leases
The following tables provide quantitative disclosures related to our operating leases and includes all operating leases acquired from the date of acquisition (in thousands):

Balance Sheet Information
  
September 30,
2022
    
December 31,
2021
  
Assets
            
Operating lease right-of-use assets
  
$
47,168
    
$
40,469
  
 
                
Liabilities
                
Sundry payables and accrued expenses
  
$
9,983
    
$
10,544
  
Noncurrent operating lease liabilities
    
38,618
      
31,206
  
Total operating lease liabilities
  
$
48,601
    
$
41,750
  
 
                
Weighted Average Remaining Lease Term
                
Operating leases
  
7.3 Years
    
5.3 Years
  
 
                
Weighted Average Discount Rate
                
Operating leases
    
3.5
%
    
3
%

Expense and Cash Flow Information  
Three Months Ended
September 30,
  

 
2022
    
2021
  
Lease Expense
            
Operating lease expense (a)
  
$
2,817
    
$
2,547
  

 
Nine Months Ended
September 30,
  
   
2022
    
2021
  
Lease Expense
            
Operating lease expense (a)
  
$
8,358
    
$
7,324
  
                 
Supplemental Cash Flow Information
                
Cash paid for the amounts included in the measurement of lease liabilities:
                
Operating cash flows from operating leases
  
$
8,188
    
$
7,271
  
Right-of-use assets obtained in exchange for new lease obligations:
                
Operating leases (b)
  
$
26,206
    
$
19,215
  

(a)
Excludes expenses of approximately $0.8 million and $1.9 million for the three and nine months ended September 30, 2022, respectively, and approximately $0.3 million and $1.2 million for the comparable periods in 2021, respectively, related to non-lease components such as maintenance, property taxes, etc., and operating lease expense for leases with an initial term of 12 months or less, which is not material.


(b)
Includes $21.6 million of right-of-use assets related to the lease modification and extension for our executive offices in Long Island City, New York during the nine months ended September 30, 2022 and $8.8 million of right-of use assets obtained in business acquisitions during the nine months ended September 30, 2021.
Minimum Lease Payments
At September 30, 2022, we are obligated to make minimum lease payments through 2033, under operating leases, which are as follows (in thousands):

2022
  
$
2,953
  
2023
    
9,949
  
2024
    
8,615
  
2025
    
6,024
  
2026
    
5,153
  
Thereafter
    
24,138
  
Total lease payments
  
$
56,832
  
Less: Interest
    
(8,231
)
Present value of lease liabilities
  
$
48,601