Leases

12 Months Ended

Dec. 31, 2019



11.	Leases

In 2019, we adopted ASU No. 2016-02, Leases (Topic 842). We have operating leases for office space, other operating facilities, vehicles and office equipment. Our fixed operating lease costs for 2019, 2018 and 2017 were $15.9 million, $15.4 million and $15.4 million, respectively, and are included in general and administrative expenses on our Consolidated Statements of Operations. During 2019, cash paid for amounts included in the measurement of operating lease liabilities was $17.1 million.

The following table presents the lease balances within our Consolidated Balance Sheets, weighted average lease term and weighted average discount rates related to our operating leases:



(dollars in thousands)	Classification in Consolidated Balance Sheets	December 31, 2019

Operating lease ROU assets	Right-of-use leased assets	$	56,886

Lease liabilities:
Current operating lease liabilities	Other accrued liabilities	$	15,143
Long-term operating lease liabilities	Operating lease liabilities, net of current	58,863
Total operating lease liabilities		$	74,006
Less:
Landlord funded tenant improvements		$	12,397
Deferred rent		4,723
Operating lease ROU assets		$	56,886

Weighted average remaining lease term (years)		6
Weighted average discount rate		4.5		%

The following presents the maturity of our operating leases liabilities as of December 31, 2019:



(in thousands)	Operating Leases

2020	$	18,087
2021	15,611
2022	14,206
2023	11,682
2024	8,952
Thereafter	15,758
Total remaining obligation	84,296
Less imputed interest	10,290
Present value of lease liabilities	$	74,006

As of December 31, 2019, we have additional operating leases that have not yet commenced of $16.1 million with lease terms ranging from 4 years to 8 years.