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Leases (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of Future Minimum Lease Payments

Future minimum lease payments for each of the next five years ending December 31, are as follows:

(Amounts in 000’s)	Future rental payments		Accretion of lease liability ⁽¹⁾			Operating lease obligation
2019 ⁽²⁾	$	3,156	$	(72	)	$	3,084
2020		6,390		(507	)		5,883
2021		6,551		(981	)		5,570
2022		6,691		(1,437	)		5,254
2023		6,823		(1,875	)		4,948
Thereafter		26,790		(10,712	)		16,078
Total	$	56,401	$	(15,584	)	$	40,817

(1)	Weighted average discount rate 7.98%

(2)	Estimated minimum lease payments for the year ending December 31, 2019 include only payments to be paid after June 30, 2019.

Schedule of Net of Allowance and Annualized Cash Under Lease Agreement

Balances, net of allowances as of June 30, 2019 and annualized cash rent under the lease agreements for the Symmetry affiliated facilities is shown below:

(Amounts in 000’s)
Facility Name	Revenue Recognition	Straight- Line Rent Asset		Other ⁽¹⁾ Receivables		2018 Original Cash Annual Rent**		% of Total Original Expected 2018 Cash Annual Rent**			Annualized Rent Concession Granted*
South Carolina
Sumter	Straight-line		584		393		836		3.8	%		236
Georgetown	Straight-line		245		97		338		1.5	%		26
		$	829	$	490	$	1,174		5.3	%	$	262

(1)	Other receivables balance was reduced by approximately $0.1 million in payments processed on July 1, 2019.

*Effective September 1, 2018.

** Excludes concession granted

Schedule of Future Minimum Lease Receivables from Company's Facilities Leased and Subleased to Third Party Tenants

Future minimum lease receivables, At June 30, 2019, from the Company’s facilities leased and subleased to third party tenants for each of the next five years ending December 31, are as follows:

	(Amounts in 000's) (b)
2019 ^(a)	$	9,224
2020		18,752
2021		19,202
2022		20,442
2023		20,828
Thereafter		83,653
Total	$	172,101

(a)

Estimated minimum lease payments for the year ending December 31, 2019 include only payments to be paid after June 30, 2019.

(b)

Excludes the impact of the sale of three (3) facilities completed on August 1, 2019, which amounts to approximately $1.0 million for the year ending December 31, 2019, an average of approximately $2.7 million per year for the following four years and approximately $12.3 million minimum lease receivables thereafter. See Note – 15 Subsequent Events for further information.