Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases

Summary of related terms and discount rates

Weighted-average remaining lease term for operating leases	11 years
Weighted-average discount rate for operating leases	6.1%

Summary of lease costs

Weighted-average remaining lease term for operating leases	11 years
Weighted-average discount rate for operating leases	6.1%

The Company’s lease costs for 2023, 2022 and 2021 included the following components (in thousands):

	For the year ended December 31,
	2023		2022		2021
Operating lease cost	$	48,169	$	97,998	$	89,891
Variable and short-term lease cost		2,840		1,830		4,468
Sublease income		(5,402)		(7,089)		(6,552)
Total lease cost	$	45,607	$	92,739	$	87,807

Schedule of future minimum rental payments for operating leases

The following table summarizes future minimum rental payments required under operating leases that had initial or remaining non-cancelable lease terms as of December 31, 2023 (in thousands):

2024	$	19,924
2025		17,503
2026		13,752
2027		12,554
2028		9,762
Thereafter		55,568
Total future minimum operating lease payments	$	129,063