The Company’s operating lease arrangements consist of its corporate headquarters in Chandler, Arizona and field office facilities in most of the metropolitan markets in which the Company operates in the United States. These leases typically have original lease terms of 1 year to 6 years, and some leases contain multiyear renewal options. The Company does not have any finance lease arrangements.

The Company’s operating lease costs are included in operating expenses in the accompanying condensed consolidated statements of operations. During the three months ended June 30, 2022 and 2021, operating lease cost was $0.5 million and $0.4 million, respectively, and variable and short-term lease costs were $0.1 million and $0.1 million, respectively. During the six months ended June 30, 2022 and 2021, operating lease cost was $0.9 million and $0.7 million, respectively, and variable and short-term lease costs were $0.2 million and $0.2 million, respectively.

Cash payments for amounts included in the measurement of operating lease liabilities were $0.5 million and $0.3 million during the three months ended June 30, 2022 and 2021, respectively, and $0.9 million and $0.7 million during the six months ended June 30, 2022 and 2021, respectively. Right-of-use assets obtained in exchange for new or acquired operating lease liabilities were $0.4 million and $1.7 million during the three and six months ended June 30, 2022, respectively. There were no right-of-use assets obtained in exchange for new or acquired operating lease liabilities during the both of the three and six months ended June 30, 2021.

As of June 30, 2022 and December 31, 2021, the Company’s operating leases had a weighted-average remaining lease term of 3.1 years and 3.5 years, respectively, and a weighted-average discount rate of 4.1% and 4.1%, respectively.

The Company’s operating lease liability maturities as of June 30, 2022 are as follows:


($ in thousands)
Remainder of 2022	$	1,059
2023		2,181
2024		2,085
2025		889
2026		269
2027		79
Thereafter		—
Total future lease payments		6,562
Less: Imputed interest		(391	)
Total lease liabilities	$	6,171

The Company’s operating lease right-of-use assets and operating lease liabilities, and the associated financial statement line items, are as follows as of the respective period ends:


($ in thousands)	Financial Statement Line Items	June 30, 2022		December 31, 2021
Right-of-use assets	Other non-current assets	$	5,689	$	4,784
Lease liabilities:
Current liabilities	Accrued and other current liabilities		1,945		1,345
Non-current liabilities	Other long-term liabilities		4,226		3,830
Total lease liabilities		$	6,171	$	5,175