Leases (Tables)

3 Months Ended

Mar. 31, 2019

Lessee, Operating Lease, Liability, Maturity

Future minimum rental payments under operating leases with initial terms greater than one year as of March 31, 2019, are as follows (in thousands):



	Third Party Leases		Seabrook Lease		All Leases
2019	$	15,889	$	8,266	$	24,155
2020	18,948		11,021		29,969
2021	18,994		9,368		28,362
2022	18,868		6,612		25,480
2023	18,419		6,612		25,031
Thereafter	29,867		37,471		67,338
Total future minimum rental payments	120,985		79,350		200,335
Present value discount	14,691		13,777		28,468
Total operating lease liability	$	106,294	$	65,573	$	171,867

Lessee, Operating Lease, Disclosure

The following table provides further information about our operating leases as of and for the three months ended March 31, 2019 (dollars in thousands):



	Third Party Leases		Seabrook Lease		All Leases
Current lease liability	$	14,828	$	8,436	$	23,264
Long-term lease liability	$	91,466	$	57,137	$	148,603
Right-of-use asset	$	106,532	$	65,573	$	172,105

Fixed lease cost	$	4,821	$	2,755	$	7,576
Short-term lease cost	457		—		457
Variable lease cost	371		—		371
Total lease cost	$	5,649	$	2,755	$	8,404

Operating cash flows from operating leases	$	3,226	2,755		$	5,981
Weighted average remaining lease term (years)	7		9		8
Weighted-average discount rate	4.1%		4.3%		4.2%

Schedule of Future Minimum Rental Payments for Operating Leases

Future minimum payments receivable under operating leases with terms greater than one year as of March 31, 2019 are estimated as follows (in thousands):



2019	$	30,892
2020	33,770
2021	33,583
2022	23,486
2023	7,699
Thereafter	16,019
Total	$	145,449

Sales-type and Direct Financing Leases, Lease Receivable, Maturity

The net investment under this arrangement as of December 31, 2018 and March 31, 2019 was as follows (in thousands):



	December 31, 2018		March 31, 2019
Total minimum lease payments receivable	$	17,468	$	17,031
Less: Unearned income	3,422		3,265
Recorded net investment in sales-type lease	$	14,046	$	13,766

The net investment in sales-type leases was classified in the consolidated balance sheets as follows (in thousands):



	December 31, 2018		March 31, 2019
Other accounts receivable	$	1,138	$	1,151
Long-term receivables	12,908		12,615
Total	$	14,046	$	13,766

Future minimum payments receivable under this lease are $1.3 million in 2019, $1.7 million in 2020, $1.7 million in 2021, $1.7 million in 2022, $1.7 million in 2023 and $8.7 million thereafter.