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COMMITMENTS AND CONTINGENCIES
6 Months Ended
Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES COMMITMENTS AND CONTINGENCIES
Contingencies
The Company is party to various legal proceedings from time to time. A liability is accrued when a loss is both probable and can be reasonably estimated. Management believes that the probability of a material loss with respect to any currently pending legal proceeding is remote. However, litigation is inherently uncertain and it is not possible to definitively predict the ultimate disposition of any of these proceedings. The Company believes there is no current litigation pending or loss contingencies that could have, either individually or in the aggregate, a material adverse impact on the Company’s consolidated financial statements.

Commitments
In June 2021, the Company entered into a lease agreement for office space in San Francisco, California. The lease has a term of approximately 7.7 years and is expected to commence in the third quarter of 2021. Total lease payments are estimated to be $15.2 million over the lease term.