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Leases
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Leases Leases
Our leases consist of operating lease agreements principally related to our subsidiary office locations. Currently, we do not enter into any financing lease agreements. Our leases have remaining lease terms of approximately 2 years to 8 years, most of which generally include renewal options of varying terms.
Our total lease expense amounted to approximately $0.9 million for each of the three months ended March 31, 2025 and 2024. Our lease expense is generally based on fixed payments stated within the agreements. Any variable payments for non-lease components and other short term lease expenses are not considered material.
Additional Information
Additional information related to our right of use assets and related lease liabilities is as follows:
 March 31, 2025
Cash paid for operating lease liabilities (in thousands)$1,034 
Weighted average remaining lease term (years)4.08
Weighted average discount rate4.0 %
Maturities of our operating lease liabilities as of March 31, 2025 are as follows:
Operating Leases
(In thousands)
Remainder of 2025$2,869 
20263,234 
20273,204 
20281,673 
2029271 
Thereafter904 
Total12,155 
Less: imputed interest(2,007)
Total lease liabilities$10,148