Leases (Tables)

12 Months Ended

Dec. 31, 2021

The components of our operating lease expense were as follows for the periods presented (in thousands):

Other information related to operating leases was as follows for the periods presented (in thousands, except for years and percentages):


	Year Ended December 31,
	2021 (1)			2020			2019
Cash paid for amounts included in the measurement of operating lease liabilities, net of lease incentives of $433, $18,626 and $— for the years ended December 31, 2021, 2020 and 2019, respectively	$	43,170		$	17,676		$	31,816
Right of use assets obtained in exchange for new operating lease obligations	$	(35,719)		$	145		$	128,354
Weighted average remaining lease term for operating leases	7.00 years			8.00 years			8.50 years
Weighted average discount rate for operating leases	7.2		%	6.5		%	6.5		%

(1) During the year ended December 31, 2021, we modified our existing office space lease for our corporate headquarters in Seattle, Washington, whereby the renewal options for certain existing office space which we had previously included in the measurement of the lease liability and right of use asset were removed and we will partially terminate our lease early for certain existing office space, resulting in a reduction of the lease liability and right of use asset of approximately $43.5 million and $42.4 million, respectively. The lease term for certain other existing leased office space in Seattle was extended such that it now expires in 2032 and retains the two five-year renewal options, partially offsetting the reduction of the lease liability and right of use asset described above.

The following table presents the scheduled maturities of our operating lease liabilities by year as of December 31, 2021 (in thousands):


2022	$	35,340
2023	40,118
2024	36,470
2025	22,698
2026	22,759
Thereafter	94,085
Total lease payments	251,470
Less: Imputed interest	(80,000)
Present value of lease liabilities	$	171,470