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LEASES
 6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
LEASES LEASES
Leasing Guidance
The Company recognizes the assets and liabilities that arise from leases on the commencement date of the lease. The Company recognizes the liability to make lease payments as a lease liability, as well as a right-of-use ("ROU") asset representing the right to use the underlying asset for the lease term, on the condensed consolidated balance sheet.
Lease Expense
The components of lease expense were as follows:
Three Months Ended June 30,Six Months Ended June 30,
Lease Cost2024202320242023
(amounts in thousands)
Operating lease cost
$11,893 $12,242 $23,721 $24,496 
Variable lease cost
3,128 2,661 6,954 5,512 
Short-term lease cost
5 — 10 — 
Non-cash impairment of ROU Assets and other costs related to impairment of leases83 525 239 5,575 
Total lease cost
$15,109 $15,428 $30,924 $35,583 
During the first quarter of 2024, the Company paid $3.6 million to terminate or amend leases in San Francisco, Atlanta, Providence and Denver, and recorded a net gain of $3.0 million which is included in net (loss) gain on sale of assets.

Supplemental Lease Information
Supplemental information related to leases was as follows:
Six Months Ended June 30,
Other information related to leases20242023
(dollars in thousands)
Supplemental cash flow information:
Cash paid for amounts included in measurement of lease liabilities$26,716$26,768
Lease liabilities arising from obtaining right-of-use assets$6,607$22,108
Other supplementary information:
Weighted-average remaining lease term - operating leases6.19 years6.62 years
Weighted-average discount rate - operating leases5.17 %4.86 %