XML 38 R26.htm IDEA: XBRL DOCUMENT v3.20.2
Leases (Tables)
9 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Lease, Cost [Table Text Block]
Lease costs represent the straight-line lease expense of ROU assets and short-term leases. The components of lease cost are classified as follows:
Three Months EndedNine Months Ended
September 30,September 30,
2020201920202019
Lease Cost included in the Condensed Consolidated Balance Sheets(in millions)
Property, Plant and Equipment acquisitions(1)
$2.1 $2.5 $9.2 $11.3 
Three Months EndedNine Months Ended
September 30,September 30,
2020201920202019
Lease Cost included in the Condensed Consolidated Statement of Operations(in millions)
Lease operating expense$3.4 $2.9 $8.8 $9.0 
Gathering and other expense1.9 2.0 5.7 5.8 
General and administrative1.5 1.3 4.5 4.5 
Total lease cost$8.9 $8.7 $28.2 $30.6 
 ____________________________
(1)Represents short-term lease capital expenditures related to drilling rigs for the three and nine months ended September 30, 2020 and 2019. These costs are capitalized as a part of "Proved properties" on the balance sheets.
Lessee, Operating Leases [Text Block]
Lease term and discount rate related to the Company's leases are as follows:
September 30, 2020September 30, 2019
Weighted-average remaining lease term (years)3.53.4
Weighted-average discount rate7.2 %7.7 %
Lessee, Operating Lease, Liability, Maturity [Table Text Block]
September 30, 2020December 31, 2019
Year(in millions)
2020$6.8 $22.3 
202125.0 20.4 
202217.0 15.9 
202311.4 10.6 
20242.3 1.4 
After 20242.6 2.4 
Less: Interest(1)
(7.1)(10.2)
Present value of lease liabilities(2)
$58.0 $62.8