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Leased Property
3 Months Ended
Mar. 31, 2019
Leased Property  
Leased Property

 

5. Leased Property

 

Leased property at March  31, 2019 and December 31, 2018 consists of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

    

March 31,

    

December 31,

 

 

 

2019

 

2018

 

Right of use assets - operating

 

$

76,647

 

$

76,747

 

Right of use assets - finance

 

 

35,950

 

 

39,905

 

Capitalized costs of lessor assets

 

 

45,594

 

 

41,040

 

Less: accumulated depreciation

 

 

(16,302)

 

 

(10,941)

 

Leased property, net

 

$

141,889

 

$

146,751