LEASES (Tables)

12 Months Ended

Dec. 31, 2023

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,
	2023		2022		2021
Operating lease cost	$	9,506	$	11,862	$	13,160
Short-term lease cost	26		45		39
Total lease cost	$	9,532	$	11,907	$	13,199

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

	December 31, 2023		December 31, 2022		December 31, 2021
Weighted average remaining lease term	11.6 years		12.1 years		12.3 years
Weighted average discount rate	5.0	%	5.0	%	5.0	%

Schedule of supplemental cash flow

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

	Year Ended December 31,
	2023		2022		2021
Net cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	13,705	$	13,357	$	329
Right-of-use assets obtained in exchange for new operating lease liabilities	$	861	$	975	$	1,250

Schedule of lease maturity

Maturities of lease liabilities as of December 31, 2023 are as follows (in thousands):

	Operating Leases
Year ending December 31, 2024	$	11,352
Year ending December 31, 2025	9,452
Year ending December 31, 2026	9,564
Year ending December 31, 2027	7,891
Year ending December 31, 2028	7,507
Thereafter	65,348
Total lease payments	111,114
Less: Interest	28,704
Present value of lease liabilities	$	82,410