Leases

3 Months Ended

Mar. 31, 2022

Leases [Abstract]

Leases

9. LEASES

Future lease payments under non-cancelable leases at March 31, 2022 and December 31, 2021 consisted of the following:

	March 31,			December 31,
(In thousands)	2022			2021
2022	$	13,561		$	17,991
2023		18,271			17,329
2024		18,541			17,535
2025		18,814			17,808
2026		14,783			13,777
Thereafter		95,293			95,229
Total operating lease payments	$	179,263		$	179,669
Less: imputed interest		(59,105	)		(59,267	)
Total operating lease liabilities	$	120,158		$	120,402

At March 31, 2022, the weighted average incremental borrowing rate and the weighted average remaining lease term for all operating leases held by the Company were 5.19% and 11.3 years, respectively. During the three months ended March 31, 2022 and 2021, cash paid for lease liabilities was $4.4 million and $3.7 million, respectively. The Company recorded operating lease expense of $4.1 million and $4.2 million during the three months ended March 31, 2022 and 2021, respectively.