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Leases (Tables)
3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Schedule of Operating Lease Costs The Company’s operating lease costs were as follows:

 

 

Three Months Ended March 31,

 

(in thousands)

 

2023

 

2022

 

Operating lease cost (gross lease expense)

 

$

2,273

 

$

3,204

 

Variable lease costs

 

 

958

 

 

1,330

 

Sublease income (including reimbursed expenses)

 

 

491

 

 

846

 

Schedule of Maturities of Operating Lease Liabilities and Sublease Income

As of March 31, 2023, maturities of operating lease liabilities and sublease income, by year are as follows:

(in thousands)

 

Operating Lease Payments

 

 

Sublease
Income

 

Remainder of 2023

 

$

8,400

 

 

$

(1,318

)

2024

 

 

9,753

 

 

 

(372

)

2025

 

 

9,307

 

 

 

 

2026

 

 

9,516

 

 

 

 

2027

 

 

9,788

 

 

 

 

Thereafter

 

 

9,363

 

 

 

 

Gross lease payments (income)

 

$

56,127

 

 

$

(1,690

)

Less: Imputed interest

 

 

9,802

 

 

 

 

Less: Tenant improvement receivables

 

 

418

 

 

 

 

Total operating lease liabilities

 

$

45,907