Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Schedule of Quantitative Information and Other Information Related to Leases

Quantitative information related to leases for the years ended December 31, 2022, 2021 and 2020 is presented in the following table (dollars in thousands):

	For the Year Ended December 31,
	2022			2021			2020
Lease expenses (1)
Fixed lease expenses - operating	$	11,033		$	11,442		$	12,379
Variable lease expenses - operating		3,726			3,173			6,389
Sublease income		(1,087	)		(1,359	)		(2,347	)
Total lease expenses	$	13,672		$	13,256		$	16,421
Other information
Gross operating cash flows for operating leases (2)	$	(16,827	)	$	(18,390	)	$	(23,577	)
Operating cash flows from subleases (2)	$	1,108		$	1,430		$	2,254
	As of December 31, 2022			As of December 31, 2021			As of December 31, 2020
Weighted average remaining lease term (in months) – operating leases		63			69			70
Weighted average discount rate – operating leases		4.8	%		4.9	%		4.9	%

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(1) Lease expense and sublease income represent the amount recorded within our consolidated statements of income. Variable lease amounts represent expenses recognized as incurred which are not included in the lease liability. Fixed lease expenses and sublease income are recorded on a straight-line basis over the lease term and therefore are not necessarily representative of cash payments during the same period.

(2) Cash flows are presented on a consolidated basis and represent cash payments for fixed and variable lease costs.

Schedule of Future Minimum Lease Payments under Operating Leases Included in Lease Liabilities for Continuing Operations

As of December 31, 2022, future minimum lease payments under operating leases which are included in lease liabilities on our consolidated balance sheet are as follows (dollars in thousands):

	Operating Leases Total
2023 (1)	$	8,220
2024		7,403
2025		6,768
2026		6,914
2027 and thereafter		9,833
Total	$	39,138
Less: imputed interest		5,297
Present value of future minimum lease payments		33,841
Less: current lease liabilities		6,555
Non-current lease liabilities	$	27,286

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(1) Amounts provided are for liabilities remaining as of December 31, 2022.