Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases

Schedule of Company's Lease Cost

The Company’s lease costs for the three months and six months ended June 30, 2020 and 2019 are as follows (in thousands):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Operating lease cost	$	2,793	$	3,229	$	6,080	$	6,575
Finance lease cost:
Amortization of right-of-use assets		37		36		74		77
Interest on lease liabilities		12		14		25		31
Net lease cost	$	2,842	$	3,279	$	6,179	$	6,683

Schedule of Future Minimum Lease Payments Under Non-Cancelable Leases

Future minimum lease payments under non-cancelable leases at June 30, 2020 are as follows (in thousands):

	Operating		Finance
	Leases		Leases
Year 1	$	6,401	$	260
Year 2		6,081		248
Year 3		6,067		232
Year 4		5,922		106
Year 5		5,866		46
Years thereafter		571,296		590
Total future minimum lease payments		601,633		1,482
Less amount representing interest		(494,458)		(286)
Total present value of minimum payments	$	107,175	$	1,196

Schedule of Remaining Lease Term and Discount Rate of Leases

Weighted-average remaining lease term:
Operating leases	50.4	years
Finance leases	10.1	years
Weighted-average discount rate:
Operating leases	6.8	%
Finance leases	4.0	%