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Leases (Tables)
9 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Summary of Operating Leases

Operating leases consisted of the following at September 30, 2020 and December 31, 2019:

 

 

 

September 30, 2020

 

 

December 31, 2019

 

Real estate facilities

 

$

160,299

 

 

$

162,150

 

Office equipment

 

 

1,898

 

 

 

1,595

 

Other

 

 

496

 

 

 

935

 

 

 

 

162,693

 

 

 

164,680

 

Amortization of right-of-use assets

 

 

(24,111

)

 

 

(30,715

)

Total operating lease right-of-use assets

 

$

138,582

 

 

$

133,965

 

Summary of Rent Expense

 

Rent expense is recognized on a straight-line basis over the lease term.  Rent expense consists of the following:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30, 2020

 

 

September 30, 2019

 

 

September 30, 2020

 

 

September 30, 2019

 

Operating lease costs

 

$

9,605

 

 

$

9,256

 

 

$

28,375

 

 

$

26,762

 

Short-term lease costs

 

 

276

 

 

 

552

 

 

 

1,149

 

 

 

1,555

 

Variable lease costs

 

 

1

 

 

 

(180

)

 

 

2

 

 

 

4

 

Total rent expense

 

$

9,882

 

 

$

9,628

 

 

$

29,526

 

 

$

28,321

 

Summary of Future Minimum Lease Payments Under Non-Cancellable Leases

Future minimum lease payments under non-cancellable leases as of September 30, 2020 were as follows:

 

September 30, 2021

 

$

38,064

 

September 30, 2022

 

 

39,286

 

September 30, 2023

 

 

24,641

 

September 29, 2024

 

 

18,646

 

September 29, 2025

 

 

13,881

 

Thereafter

 

 

40,376

 

Total future minimum lease payments

 

 

174,894

 

Less:  Interest

 

 

(17,339

)

Total operating lease liabilities

 

$

157,555

 

 

 

 

 

 

Operating lease liabilities - current

 

$

33,581

 

Operating lease liabilities - non-current

 

 

123,974

 

Total operating lease liabilities

 

$

157,555

 

Summary of Other Information Related to Operating Leases

Other information related to operating leases is as follows:

 

 

 

September 30, 2020

 

 

September 30, 2019

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

29,248

 

 

$

27,772

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

$

29,581

 

 

$

28,763

 

Weighted-average remaining lease term - operating leases

 

 

6.0

 

 

 

5.3

 

Weighted-average discount rate - operating leases

 

 

3.4

%

 

 

3.7

%