Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Components of Operating Lease Expense and Supplemental Cash Flow Information

The following table presents the components of operating lease expense, as well as supplemental cash flow information, related to the Company’s leases:

	For the Three Months Ended September 30,		For the Nine Months Ended September 30,
	2022
	(in thousands)
Supplemental cash flow information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	735	$	2,232
Right-of-use assets obtained in exchange for lease obligations	$	—	$	46,855

Information Regarding Operating Leases

The following table presents information regarding the Company’s operating leases:

	As of
	September 30, 2022
	(in thousands)
Operating lease right-of-use assets	$	54,339
Operating lease liabilities	$	65,224
Weighted-average remaining lease term (in years)		14.0
Weighted-average discount rate		3.7	%

Maturities of Lease Liabilities

The maturities of lease liabilities are as follows (in thousands):

Year Ending December 31,	Operating Leases
2022 (excluding the nine months ended September 30, 2022)	$	749
2023		4,113
2024		5,087
2025		5,087
2026		3,885
2027 and thereafter		66,889
Total undiscounted lease payments	$	85,810
Less discount		(20,586	)
Total lease liabilities	$	65,224