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Leases (Tables)
6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Total Operating Lease ROU Assets and Lease Liabilities Total operating lease ROU assets and lease liabilities were as follows (in thousands):
AssetsClassification
As of June 30, 2023
As of June 30, 2022
Operating ROU assets at costOperating lease right of use assets$43,930 $22,889 
Accumulated amortizationOperating lease right of use assets(5,597)(1,462)
Net book value$38,333 $21,427 
LiabilitiesClassificationAs of June 30, 2023As of June 30, 2022
Current:
Operating leasesCurrent portion of operating lease liabilities$4,983 $3,025 
Noncurrent:
Operating leasesOperating lease liabilities39,712 21,399 
Total lease liabilities$44,695 $24,424 
Additional Lease Information
Total operating lease costs were as follows (in thousands):

Classification
For the three
months ended
June 30, 2023
For the three
months ended
June 30, 2022
For the six
months ended
June 30, 2023
For the six
months ended
June 30, 2022
Operating lease costsSelling, general and administrative expense$1,799 $1,054 $3,352 $1,978 
Variable lease costsSelling, general and administrative expense327 — 592 — 
Total lease costs$2,126 $1,054 $3,944 $1,978 
The table summarizes the weighted-average remaining lease term and weighted-average discount rate on long-term leases as follows (in thousands):

June 30, 2023June 30, 2022
Weighted-average remaining lease term - operating leases7.5 years5.7 years
Weighted-average discount rate - operating leases4.5 %4.2 %
Supplemental cash flow information related to operating leases is as follows:
Cash paid for amounts included in the measurement of lease liabilities$1,919 $2,253 
ROU assets obtained in exchange for new operating lease liabilities$14,204 $3,716 
Schedule of Future Minimum Lease Payments Under Long-term Non-cancelable Operating Leases
The maturity analysis of the operating lease liabilities as of June 30, 2023 was as follows (in thousands):
Amount
For the six months ending December 31, 2023
$3,025 
Years ending December 31,
20247,718 
20257,768 
20267,523 
20276,135 
20285,125 
Thereafter16,119 
Total minimum lease payments53,413 
Less: imputed interest(8,718)
Net present value of operating lease liabilities44,695 
Less: current portion(4,983)
Long-term portion$39,712