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Leases (Tables) | 9 Months Ended
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Sep. 30, 2024
Leases [Abstract] |
Summary of Lease Expense | The elements of lease expense were as follows:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
(in thousands) |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Operating lease cost |  | $ | 1,951 |  |  | $ | 1,950 |  |  | $ | 5,853 |  |  | $ | 5,851 |
Variable lease cost |  |  | 681 |  |  |  | 663 |  |  |  | 1,890 |  |  |  | 1,921 |
Total lease cost |  | $ | 2,632 |  |  | $ | 2,613 |  |  | $ | 7,743 |  |  | $ | 7,772 |
Summary of Amounts Reported in Condensed Consolidated Balance Sheets and Weighted-average Lease Term and Discount rate Information | Amounts reported in the condensed consolidated balance sheets and the weighted-average lease term and discount rate information were as follows:
(in thousands except weighted-average amounts) |  | September 30, 2024 |  |  | December 31, 2023 |
Assets |  |  |  |  |  |
Operating lease right-of-use assets |  | $ | 36,296 |  |  | $ | 40,048 |
Liabilities |  |  |  |  |  |
Operating lease liabilities, current |  | $ | 4,163 |  |  | $ | 3,830 |
Operating lease liabilities, non-current |  |  | 28,691 |  |  |  | 31,830 |
Total lease liabilities |  | $ | 32,854 |  |  | $ | 35,660 |
Weighted-Average Lease Term and Discount Rate |  |  |  |  |  |
Weighted-average remaining lease term (years) |  |  | 6.0 |  |  | 6.7 |
Weighted-average discount rate |  |  | 8.2 | % |  |  | 8.2 | %
Summary of Other Lease Activity | The following table represents other lease activity:
|  | Nine Months Ended September 30, |
(in thousands) |  | 2024 |  |  | 2023 |
Other Information |  |  |  |  |  |
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |  |  |
Operating cash flows for operating leases |  | $ | 4,906 |  |  | $ | 4,263 |
Right-of-use assets obtained in exchange for lease obligations |  | $ | — |  |  | $ | 37 |

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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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- References No definition available. + Details
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- Definition Schedule of operating lease assets and liabilities, weighted average lease term and discount rate. + References No definition available. + Details
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- Definition Schedule of other lease activity. + References No definition available. + Details
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