Leases

9 Months Ended

Sep. 30, 2020

LEASES

The Company has operating leases consisting of office space, vehicle leases, computer equipment, and office equipment. Lease terms and options vary in the Company's operating leases dependent upon the underlying leased asset. We exclude options to extend or terminate a lease from our recognition as part of our right-of-use assets and lease liabilities until those options are known and/or executed, as we typically do not exercise options to purchase the underlying leased asset. As of September 30, 2020, we have leases with remaining terms of 1 year to 7 years, some of which may include no options for renewal and others with options to extend the lease terms from 6 months to 5 years.

The components of our operating leases were as follows for the three- and nine-month periods ended September 30, 2020 and 2019:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019

Components of lease expense:
Operating lease expense	$	1,832	$	1,910	$	5,788	$	5,730
Less sublease income	53		119		239		371
Net lease expense	1,779		1,791		5,549		5,359
Cash flows information related to leases:
Operating cash outflow from operating leases	1,796		1,812		5,265		5,420