LEASES (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Summary of lease costs

Lease expense, which is included in general and administrative expense on the accompanying consolidated statements of operations and comprehensive income (loss), consists of the following (in thousands):

	Year Ended December 31,
	2020		2019
Operating lease cost	$	11,226	$	6,346
Short-term lease cost	59		86
Total lease cost	$	11,285	$	6,432

Weighted average remaining lease term and discount rate for operating leases are as follows:

	December 31, 2020		December 31, 2019
Weighted average remaining lease term	13.0 years		5.0 years
Weighted average discount rate	5.0	%	4.7	%

Schedule of supplemental cash flow

Supplemental cash flow information related to leases is as follows (in thousands):

	Year Ended December 31,
	2020		2019
Net cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,359	$	6,779
Right-of-use assets obtained in exchange for new operating lease liabilities	$	66,881	$	21,969

Schedule of lease maturity

Maturities of lease liabilities as of December 31, 2020 are as follows (in thousands):

	Operating Leases
Year ending December 31, 2021	$	9,147
Year ending December 31, 2022	12,823
Year ending December 31, 2023	12,617
Year ending December 31, 2024	10,973
Year ending December 31, 2025	9,336
Thereafter	96,062
Total lease payments	150,958
Less: Interest	44,959
Less: Tenant improvement allowances	8,261
Present value of lease liabilities	$	97,738