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Leases
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Leases
5. Leases
The Company primarily leases facilities for office space under non-cancelable operating leases for its U.S. and international locations. As of June 30, 2024, non-cancelable leases expire on various dates between 2024 and 2043, some of which include options to extend the leases for up to 20 years.
The lease expense recorded in the condensed consolidated statements of operations is comprised of operating lease costs of $5.7 million and $11.8 million for the three and six months ended June 30, 2024, respectively, and $1.8 million and $3.5 million for the three and six months ended June 30, 2023, respectively.
Other supplemental information related to operating leases were as follows:
Six months ended June 30,
20242023
Weighted average remaining lease term (in years)18.922.00
Weighted average discount rate8.77 %4.82 %
Maturities of operating lease liabilities were as follows:
As of June 30,
2024
(In thousands)
2024 (remaining)$11,520 
202522,275 
202621,720 
202722,120 
202822,461 
Thereafter378,808 
Total lease payments478,904 
Less: imputed interest(254,929)
Total lease obligations223,975 
Less: current obligations(3,478)
Long-term lease obligations$220,497