The Late Show with Stephen Colbert is airing reruns all week, here's what you need to know about the talk show's extended hiatus.

In an interview with Ben Schwartz at the annual PaleyFest on Sunday, Colbert recalled thinking "it’s the first time in my life I wasn’t inhabiting a character all the time."

Since David Letterman is widely considered to be one of the best talk show hosts, anyone who replaced him had big shoes to fill. Fortunately for Stephen Colbert, he has been successful enough in Letterman's old slot to become so rich that he is wealthier than most other talk show hosts.

Stephen Colbert was the last featured guest at the annual PaleyFest TV on Sunday, according to The Hollywood Reporter. The Late Show host spoke with comedian Ben Schwartz about his show and his career.