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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lease, Cost The components of lease expense were as follows (in thousands):
Year Ended December 31,
20222021
Operating lease expense$90,933 $53,442 
Variable and short-term lease expense$11,586 $3,860 
Schedule of Non-cancelable Operating Leases
The following table presents future lease payments under the Company’s non-cancelable operating leases as of December 31, 2022 (in thousands):
Year ending December 31,
2023$63,226 
2024114,195 
2025103,100 
202688,077 
202766,767 
Thereafter303,844 
Total lease payments$739,209 
Less: imputed interest(1)
171,384 
Present value of lease liabilities$567,825 
(1)Calculated using each lease’s incremental borrowing rate.
Schedule of Supplemental Information
The following table presents the weighted average remaining lease term and discount rates as of December 31, 2022 and December 31, 2021:
As of December 31,
20222021
Weighted average remaining lease term7.85.8
Weighted average discount rate5.5 %4.0 %
Supplemental cash and noncash information related to operating leases is as follows (in thousands):
Year Ended December 31,
20222021
Cash paid for amounts included in the measurement of lease liabilities(1)
$70,515 $52,942 
Lease liabilities arising from obtaining new right-of-use assets (noncash)$373,844 $70,068 
(1)The years ended December 31, 2022 and December 31, 2021 excludes $1.8 million and $9.1 million, respectively, of leasehold incentives received from the landlord.