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Leases (Tables)
9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of Operating Lease Liabilities Maturities
The following table reconciles the undiscounted cash flows for the operating leases at September 30, 2024 to the operating lease liabilities recorded on the balance sheet (in thousands):
Years ending December 31,
For the remainder of 2024$1,143 
20258,022 
20269,238 
20279,560 
20289,076 
20299,331 
Thereafter57,104 
Total undiscounted lease payments103,474 
Less: Tenant allowance(2,536)
Less: Imputed interest(32,268)
Present value of lease payments$68,670 
Lease liabilities - short-term$2,181 
Lease liabilities - long-term66,489 
Total lease liabilities$68,670 
Summary of Lease Costs and Cash Disclosures
The following table summarizes lease costs and cash payments for the three and nine months ended September 30, 2024 and 2023 (in thousands):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024202320242023
Operating lease cost$1,881 $2,075 $5,643 $6,275 
Variable lease cost(201)232 939 685 
Total lease costs$1,680 $2,307 $6,582 $6,960 
Cash paid for amounts included in the measurement of lease liabilities$801 $820 $2,679 $2,265