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Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Summary of Supplementary Cash Flow Information for Operating Leases The following tables provide information regarding the Company’s operating leases for which it is the lessee (in thousands):
December 31,
20242023
ROU asset:
Other assets, net$8,783 $13,411 
Lease liabilities:
Accounts payable and accrued expenses$2,460 $2,846 
Other liabilities6,599 10,905 
Total operating lease liabilities$9,059 $13,751 
Summary Lease Cost
Year Ended December 31,
202420232022
Operating lease costs$3,108 $3,529 $4,572 
Short-term lease costs512 232 — 
Variable lease costs1,405 1,078 643 
Total lease costs$5,025 $4,839 $5,215 
Year Ended December 31,
Supplemental Cash Flow Information202420232022
Cash paid for amounts included in the measurement of lease liability:
Operating cash flows from operating leases$4,992 $5,181 $4,189 
ROU asset obtained in exchange for new lease liability:
Operating leases$372 $2,953 $6,990 
December 31,
Weighted Average Lease Term and Discount Rate20242023
Weighted average remaining lease term (years):
Operating leases56
Weighted average discount rate:
Operating leases5.47 %6.15 %
Operating Lease Maturity
The following table summarizes future minimum lease obligations under non-cancelable operating leases as of December 31, 2024 (in thousands):
YearAmount
2025$2,606 
20262,204 
20271,338 
20281,193 
20291,068 
Thereafter2,039 
Undiscounted minimum lease payments payable10,448 
Less: imputed interest(1,389)
Present value of lease liability$9,059