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LEASES
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Leases
LEASES

Operating lease costs of $1.9 million, including short-term leases, for the three months ended March 31, 2019 are included in general and administrative expenses in the Condensed Consolidated Statements of Operations. Finance lease costs consisting of depreciation and amortization and interest were nominal during the three months ended March 31, 2019.

Lease term and discount rate
 
March 31, 2019
Weighted-average remaining lease term (years)
 
 
Operating leases
 
5.4
Weighted-average discount rate
 
 
Operating leases
 
10.96%


Supplemental cash flow information
 
Three Months Ended 
 March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities
 
 
Operating cash flows from operating leases
 
$
2,165

Financing cash flows from finance leases
 
$
172



We did not enter into any significant operating leases or finance leases during the three months ended March 31, 2019.

Maturities of lease liabilities
 
 
 
 
 
 
(in thousands)
 
Operating leases
 
Finance leases
 
Total
2019
 
$
5,687

 
$
806

 
$
6,493

2020
 
6,480

 
638

 
7,118

2021
 
5,822

 

 
5,822

2022
 
4,587

 

 
4,587

2023
 
3,299

 

 
3,299

After 2023
 
6,945

 

 
6,945

Total future minimum lease payments
 
32,820

 
1,444

 
$
34,264

Less: interest
 
8,274

 
24

 
 
Present value of lease liabilities
 
$
24,546

 
$
1,420

 
 


As of March 31, 2019, we had no significant additional operating or finance leases that had not yet commenced.

Prior to the adoption of ASU 2016-02, Leases, on January 1, 2019, maturities of lease liabilities included certain variable non-lease components, which are excluded from maturities of lease liabilities as of March 31, 2019. As previously disclosed in our 2018 Annual Report on Form 10-K, maturities of lease liabilities are as follows as of December 31, 2018:

Maturities of lease liabilities
 
 
 
 
 
 
(in thousands)
 
Operating leases
 
Finance leases
 
Total
2019
 
$
8,934

 
$
679

 
$
9,613

2020
 
7,143

 
311

 
7,454

2021
 
6,252

 

 
6,252

2022
 
4,797

 

 
4,797

2023
 
3,320

 

 
3,320

After 2023
 
7,470

 

 
7,470

Total future minimum lease payments
 
$
37,916

 
$
990

 
$
38,906

Leases
LEASES

Operating lease costs of $1.9 million, including short-term leases, for the three months ended March 31, 2019 are included in general and administrative expenses in the Condensed Consolidated Statements of Operations. Finance lease costs consisting of depreciation and amortization and interest were nominal during the three months ended March 31, 2019.

Lease term and discount rate
 
March 31, 2019
Weighted-average remaining lease term (years)
 
 
Operating leases
 
5.4
Weighted-average discount rate
 
 
Operating leases
 
10.96%


Supplemental cash flow information
 
Three Months Ended 
 March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities
 
 
Operating cash flows from operating leases
 
$
2,165

Financing cash flows from finance leases
 
$
172



We did not enter into any significant operating leases or finance leases during the three months ended March 31, 2019.

Maturities of lease liabilities
 
 
 
 
 
 
(in thousands)
 
Operating leases
 
Finance leases
 
Total
2019
 
$
5,687

 
$
806

 
$
6,493

2020
 
6,480

 
638

 
7,118

2021
 
5,822

 

 
5,822

2022
 
4,587

 

 
4,587

2023
 
3,299

 

 
3,299

After 2023
 
6,945

 

 
6,945

Total future minimum lease payments
 
32,820

 
1,444

 
$
34,264

Less: interest
 
8,274

 
24

 
 
Present value of lease liabilities
 
$
24,546

 
$
1,420

 
 


As of March 31, 2019, we had no significant additional operating or finance leases that had not yet commenced.

Prior to the adoption of ASU 2016-02, Leases, on January 1, 2019, maturities of lease liabilities included certain variable non-lease components, which are excluded from maturities of lease liabilities as of March 31, 2019. As previously disclosed in our 2018 Annual Report on Form 10-K, maturities of lease liabilities are as follows as of December 31, 2018:

Maturities of lease liabilities
 
 
 
 
 
 
(in thousands)
 
Operating leases
 
Finance leases
 
Total
2019
 
$
8,934

 
$
679

 
$
9,613

2020
 
7,143

 
311

 
7,454

2021
 
6,252

 

 
6,252

2022
 
4,797

 

 
4,797

2023
 
3,320

 

 
3,320

After 2023
 
7,470

 

 
7,470

Total future minimum lease payments
 
$
37,916

 
$
990

 
$
38,906