v3.24.3
Leases (Tables)
 9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of Supplemental Information Related to Leases
Supplemental information related to leases is presented in the table below (in thousands, except weighted-average term and discount rate):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2024202320242023
Operating lease cost$3,472 $2,919 $9,425 $8,540 
Cash paid for amounts included in the measurement of operating lease liabilities2,420 3,533 9,171 10,329 
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities34,434 1,214 37,349 5,329 
September 30,
2024		December 31,
2023
Weighted-average remaining lease term — operating leases8.1 years3.0 years
Weighted-average discount rate — operating leases8.2 %4.9 %
Schedule of Maturities of Lease Liabilities
Maturities of lease liabilities are as follows (in thousands):
Year Ended December 31,
Operating Leases(1)
Remainder of 2024$3,289 
202512,659 
202611,335 
202711,566 
202811,293 
2029 and thereafter54,510 
Total lease payments104,652 
Less: imputed interest(2)
31,096 
Present value of lease liabilities$73,556 
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(1)Excludes $18.3 million of legally binding minimum lease payments for leases executed but not yet commenced. There are no options to extend lease terms that were reasonably certain of being exercised included in these balances.
(2)Imputed interest was calculated using the incremental borrowing rate applicable for each lease.