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Commitment and Contingencies
 12 Months Ended
Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
Operating Leases
The Company leases office space under non-cancelable operating lease agreements, which expire on various dates through September 2028. Certain lease agreements include options to renew or terminate the lease, which are not reasonably certain to be exercised and therefore are not factored into the determination of lease payments. The Company maintains an uncollateralized letter of credit for the lease, which is renewed on an annual basis.
In September 2018, the Company entered into a lease agreement for its corporate headquarters located in San Mateo, California, which it occupied in January 2019. This lease covers approximately 22,000 square feet of office space at a monthly base rent of $113,246, increasing approximately 3% annually. The lease expires in July 2026, with an option to extend the lease for another five years, subject to certain requirements. The total commitment is $10.5 million with a tenant improvement allowance of $1.5 million.
Deferred rent was $4.6 million and $5.1 million as of December 31, 2021 and 2020, respectively, of which $3.8 million and $4.6 million was classified in other liabilities in the consolidated balance sheets in each of the two periods, respectively.
Rent expense for operating leases for the years ended December 31, 2021, 2020, and 2019 was $9.7 million, $10.2 million, and $7.1 million, respectively.
Future minimum lease payments under non-cancelable operating leases as of December 31, 2021, are as follows (in thousands):
Year ending December 31,Operating Leases
2022$6,954 
20236,790 
20246,642 
20255,976 
20263,579 
Thereafter4,304 
Total minimum future payments$34,245 
Other Contractual Commitments
The Company's other contractual commitments primarily consist of third-party cloud infrastructure agreements and service subscription arrangements used to support operations at the enterprise level. Future minimum payments under the Company’s non-cancelable purchase commitments as of December 31, 2021 are presented in the table below (in thousands):
Year ending December 31,Contractual Commitments
2022$26,953 
202322,958 
20241,658 
Total$51,569 
Litigation and Loss Contingencies
From time to time, the Company may be subject to other legal proceedings, claims, investigations, and government inquiries (collectively, Legal Proceedings) in the ordinary course of business. It may receive claims from third parties asserting, among other things, infringement of their intellectual property rights, defamation, labor and employment rights, privacy, and contractual rights. There are no currently pending Legal Proceedings that the Company believes will have a material adverse impact on the business or consolidated financial statements.
Indemnifications
In the ordinary course of business, the Company enters into contractual arrangements under which the Company agrees to provide indemnification of varying scope and terms to customers, business partners, and other parties with respect to certain matters, including losses arising out of intellectual property infringement claims made by third parties, if the Company has violated applicable laws, if the Company is negligent or commits acts of willful misconduct, and other liabilities with respect to its products and services and its business. In these circumstances, payment is typically conditional on the other party making a claim pursuant to the procedures specified in the particular contract. To date, the Company has not incurred any material costs as a result of such indemnifications and has not accrued any liabilities related to such obligations in its consolidated financial statements.
Commitments and Contingencies Commitments and Contingencies
Operating Leases
The Company leases office space under non-cancelable operating lease agreements, which expire on various dates through September 2028. Certain lease agreements include options to renew or terminate the lease, which are not reasonably certain to be exercised and therefore are not factored into the determination of lease payments. The Company maintains an uncollateralized letter of credit for the lease, which is renewed on an annual basis.
In September 2018, the Company entered into a lease agreement for its corporate headquarters located in San Mateo, California, which it occupied in January 2019. This lease covers approximately 22,000 square feet of office space at a monthly base rent of $113,246, increasing approximately 3% annually. The lease expires in July 2026, with an option to extend the lease for another five years, subject to certain requirements. The total commitment is $10.5 million with a tenant improvement allowance of $1.5 million.
Deferred rent was $4.6 million and $5.1 million as of December 31, 2021 and 2020, respectively, of which $3.8 million and $4.6 million was classified in other liabilities in the consolidated balance sheets in each of the two periods, respectively.
Rent expense for operating leases for the years ended December 31, 2021, 2020, and 2019 was $9.7 million, $10.2 million, and $7.1 million, respectively.
Future minimum lease payments under non-cancelable operating leases as of December 31, 2021, are as follows (in thousands):
Year ending December 31,Operating Leases
2022$6,954 
20236,790 
20246,642 
20255,976 
20263,579 
Thereafter4,304 
Total minimum future payments$34,245 
Other Contractual Commitments
The Company's other contractual commitments primarily consist of third-party cloud infrastructure agreements and service subscription arrangements used to support operations at the enterprise level. Future minimum payments under the Company’s non-cancelable purchase commitments as of December 31, 2021 are presented in the table below (in thousands):
Year ending December 31,Contractual Commitments
2022$26,953 
202322,958 
20241,658 
Total$51,569 
Litigation and Loss Contingencies
From time to time, the Company may be subject to other legal proceedings, claims, investigations, and government inquiries (collectively, Legal Proceedings) in the ordinary course of business. It may receive claims from third parties asserting, among other things, infringement of their intellectual property rights, defamation, labor and employment rights, privacy, and contractual rights. There are no currently pending Legal Proceedings that the Company believes will have a material adverse impact on the business or consolidated financial statements.
Indemnifications
In the ordinary course of business, the Company enters into contractual arrangements under which the Company agrees to provide indemnification of varying scope and terms to customers, business partners, and other parties with respect to certain matters, including losses arising out of intellectual property infringement claims made by third parties, if the Company has violated applicable laws, if the Company is negligent or commits acts of willful misconduct, and other liabilities with respect to its products and services and its business. In these circumstances, payment is typically conditional on the other party making a claim pursuant to the procedures specified in the particular contract. To date, the Company has not incurred any material costs as a result of such indemnifications and has not accrued any liabilities related to such obligations in its consolidated financial statements.