Leases (Tables)

6 Months Ended

Jun. 30, 2023

Leases [Abstract]

Summary of Lease Expense

The elements of lease expense were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2023		2022		2023		2022
Operating lease cost	$	1,948	$	1,592	$	3,901	$	2,512
Variable lease cost		661		301		1,258		642
Total lease cost	$	2,609	$	1,893	$	5,159	$	3,154

Summary of Amounts Reported in Condensed Consolidated Balance Sheets and Weighted-average Lease Term and Discount rate Information

Amounts reported in the condensed consolidated balance sheets and the weighted-average lease term and discount rate information were as follows:

(in thousands except weighted-average amounts)	June 30, 2023			December 31, 2022
Assets
Operating lease right-of-use assets	$	42,454		$	44,444
Liabilities
Operating lease liabilities, current	$	3,691		$	3,272
Operating lease liabilities, non-current		33,819			35,640
Total lease liabilities	$	37,510		$	38,912
Weighted-Average Lease Term and Discount Rate
Weighted-average remaining lease term (years)	7.2			7.7
Weighted-average discount rate		8.2	%		8.2	%

Summary of Other Lease Activity

The following table represents other lease activity:

	Six Months Ended June 30,
(in thousands)	2023		2022
Other Information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases	$	3,312	$	8,522
Right-of-use assets obtained in exchange for lease obligations	$	107	$	23,376