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Leases (Tables)
3 Months Ended
Mar. 31, 2022
26 Landsdowne Street  
Related Party Transaction [Line Items]  
Schedule of Future Minimum Lease Payments

The future minimum lease payments associated with the 26 Landsdowne Street lease as of March 31, 2022, are as follows (in thousands):

 

2022(1)

 

$

1,828

 

2023

 

 

2,497

 

2024

 

 

2,572

 

2025

 

 

2,649

 

2026

 

 

2,729

 

Thereafter

 

 

4,237

 

Total minimum lease payments

 

 

16,512

 

Less: imputed interest

 

 

2,874

 

Total lease liability

 

$

13,638

 

Schedule of minimum rental commitments

Pursuant to ASC 840, rent expense associated with this lease for the three months ended March 31, 2021 was approximately $0.5 million. Under ASC 840, minimum rental commitments under non-cancelable leases for each of the next five years and total thereafter as of December 31, 2021, were as follows (in thousands):

 

2022

 

$

2,424

 

2023

 

 

2,497

 

2024

 

 

2,572

 

2025

 

 

2,649

 

2026

 

 

2,729

 

Thereafter

 

 

4,237

 

Total minimum lease payments

 

 

17,108

 

125 Sidney Street  
Related Party Transaction [Line Items]  
Schedule of Future Minimum Lease Payments The future minimum lease payments associated with this lease as of March 31, 2022, are as follows (in thousands):

 

2022(1)

 

$

613

 

2023

 

 

836

 

2024

 

 

210

 

Total minimum lease payments

 

 

1,659

 

Less: imputed interest

 

 

71

 

Total lease liability

 

$

1,588

 

Schedule of minimum rental commitments

Under ASC 840, minimum rental commitments under non-cancelable leases for each of the next five years and total thereafter as of December 31, 2021, were as follows (in thousands):

 

2022

 

$

613

 

2023

 

 

836

 

2024

 

 

210

 

Total minimum lease payments

 

$

1,659