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Leases
 6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Leases Leases
The Company has operating leases for office space leased in various buildings for its own use. The Company's leases typically have 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 12 for additional information).
The following table summarizes operating lease costs, by type (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Operating lease costs
Fixed lease costs$296 $296 $593 $593 
Variable lease costs91 130 197 239 
Total operating lease costs$387 $426 $790 $832 
The following table presents supplemental cash flow information related to the Company's operating leases (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Cash paid for lease liabilities:
Operating cash flows from operating leases$377 $411 $775 $800 
As of June 30, 2024, the Company's operating leases had a weighted-average remaining lease term of 6.3 years and a weighted-average discount rate of 4.64%.
The following table summarizes future lease payments (in thousands):
Year Ending December 31, Operating Leases
2024 (6 months)$586 
20251,194 
20261,222 
20271,204 
20281,233 
Thereafter2,335 
Total future lease payments7,774 
Imputed interest(1,067)
Total lease liabilities$6,707 
The Company does not have any leases which have not yet commenced as of June 30, 2024.