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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2020
Commitments And Contingencies Disclosure [Abstract]  
Summary of Operating Lease Expense

Our lease expense comprises of the following (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Operating lease expense

 

$

1,561

 

 

$

1,747

 

 

$

3,153

 

 

$

3,485

 

Summary of Balance Sheet Classification of Operating Lease Liabilities

The balance sheet classification of our operating lease liabilities was as follows (in thousands):  

 

 

 

June 30, 2020

 

 

December 31, 2019

 

Operating lease liabilities:

 

 

 

 

 

 

 

 

Current portion of lease liabilities (included in other current liabilities)

 

$

3,045

 

 

$

3,039

 

Long-term portion of lease liabilities

 

 

36,231

 

 

 

37,845

 

Total operating lease liabilities

 

$

39,276

 

 

$

40,884

 

Summary of Maturities of Sublease Income and Operating Lease Liabilities

 

At June 30, 2020, the maturities of our sublease income and operating lease liabilities were as follows (in thousands):

 

Years ending December 31,

 

Sublease Income

 

 

Operating Lease

Liabilities

 

2020 (remaining)

 

$

2,553

 

 

$

3,443

 

2021

 

 

5,201

 

 

 

6,898

 

2022

 

 

5,357

 

 

 

6,214

 

2023

 

 

5,518

 

 

 

5,353

 

2024

 

 

5,684

 

 

 

5,497

 

Thereafter

 

 

39,595

 

 

 

36,299

 

Total

 

$

63,908

 

 

 

63,704

 

Less:

 

 

 

 

 

 

 

 

Present value adjustment

 

 

 

 

 

 

(24,428

)

Total

 

 

 

 

 

$

39,276

 

Summary of Weighted Average Remaining Lease Term and Weighted Average Discount Rate

 

The weighted average remaining lease term and the weighted average discount rate used to determine the operating lease liability were as follows:

 

 

 

June 30, 2020

 

 

December 31, 2019

 

Weighted average remaining lease term

 

9.4 years

 

 

9.7 years

 

Weighted average discount rate

 

 

10.1

%

 

 

10.1

%