XML 37 R22.htm IDEA: XBRL DOCUMENT v3.22.0.1
Subsequent Events
12 Months Ended
Dec. 31, 2021
Subsequent Events [Abstract]  
Subsequent Events

Note 14 — Subsequent Events

The Company evaluated the need for disclosures and/or adjustments resulting from subsequent events through the date the financial statements were issued.

On January 21, 2022, the operating company entered into an amendment to its existing lease for its corporate headquarters at 320 Park Avenue, 8th Floor, New York, New York. We currently occupy approximately 45,050 square feet of space under a non-cancellable operating lease, the term of which expires on December 31, 2025. In January 2022, we entered into a lease amendment which extends the term until October 31, 2036 and provides for a total of approximately 74,000 square feet of space. The total additional lease payments provided for in the lease amendment aggregate approximately $78 million over the extended term after accounting for any rent abatement periods. The operating company plans to sublet a portion of the expanded space, however its obligations on the lease are not subject to finding suitable sublessee(s).

On February 1, 2022, the Company declared a year-end dividend of $0.53 per share of its Class A common stock which was paid on February 25, 2022 to holders of record on February 11, 2022.