Taye Diggs and Idina Menzel - New Arrival

They better pay this year's rent, because they have another mouth to feed. 'Rent' alums and all-around pretty people Taye Diggs and Idina Menzel welcomed a son, Walker, on Wednesday.

"Mother, father and son are all doing well," their reps said in a statement to PEOPLE.

Walker is the first child for Diggs and Menzel, who are both 38 and met on the 1996 Broadway production of Rent. They wed in January 2003. Diggs is currently a star on 'Private Practice.'

Idina and Taye's 'Seasons of Love'

See Them Side By Side at :51 In