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Leases
9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Leases Leases
The Company has operating leases for office space leased in various buildings for its own use. The Company's leases have remaining terms ranging from 5 to 10 years. The Company's lease agreements do not contain any material residual value guarantees or material restrictive covenants. Lease costs related to the Company's operating leases are primarily reflected in "cost of revenue" in the consolidated statements of operations, as they are a reimbursable cost under the Company's respective asset management agreements. (See Note 14 for additional information)
The following table summarizes operating lease costs, by type (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Operating lease costs
Fixed lease costs$255 $249 $763 $746 
Variable lease costs$88 $78 264 241 
Total operating lease costs$343 $327 $1,027 $987 
The following table presents supplemental cash flow information related to the Company's operating leases (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Cash paid for lease liabilities:
Operating cash flows from operating leases$317 $301 $970 $910 
As of September 30, 2022, the Company's operating leases had a weighted-average remaining lease term of 7.99 years and a weighted-average discount rate of 4.25%.
The following table summarizes future lease payments (in thousands):
Year Ending December 31, Operating Leases
2022$243 
2023985 
20241,008 
20251,031 
20261,054 
Thereafter4,091 
Total future lease payments8,412 
Imputed interest(1,327)
Total lease liabilities$7,085 
The Company does not have any leases which have not yet commenced as of September 30, 2022.