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Leases (Tables)
 9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Summary of Non-cancelable Operating Leases
The following table presents maturity of lease liabilities under the Company’s non-cancelable operating leases as of September 30, 2022 (in thousands):
Remainder of 2022$18,579 
202356,384 
202498,494 
202587,564 
202674,055 
Thereafter286,514 
Total lease payments$621,590 
Less: interest(1)
131,022 
Present value of lease liabilities$490,568 
(1)Calculated using the interest rate for each lease.
Summary of Supplemental Information
The following table presents supplemental information for leases that have commenced as of and for the nine months ended September 30, 2022 (in thousands, except for weighted average and percentage data):
Weighted average remaining lease term8.12
Weighted average discount rate5.0%
Cash paid for amounts included in the measurement of lease liabilities(1)
$47,546
Lease liabilities arising from obtaining new ROU assets(2)
$279,712
(1)Excludes $1.2 million of leasehold incentives received from the landlord.
(2)Includes $125.5 million in line with the original commitment, relating to office space in San Mateo, California, for which possession was obtained during the second quarter of 2022, with a term of approximately 13 years, with two renewal options of 5 years each.