Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Lessee, Operating Lease, Liability, Maturity

Future minimum rental payments under operating leases with initial terms greater than one year as of June 30, 2019 are as follows (in thousands):

	Third Party Leases		Seabrook Lease		All Leases
2019	$	12,961	$	5,214	$	18,175
2020	18,510		10,429		28,939
2021	18,875		8,973		27,848
2022	18,748		6,612		25,360
2023	18,225		6,612		24,837
Thereafter	33,676		37,473		71,149
Total future minimum rental payments	120,995		75,313		196,308
Present value discount	14,105		13,000		27,105
Total operating lease liability	$	106,890	$	62,313	$	169,203

Lessee, Operating Lease, Disclosure

The following tables provide further information about our operating leases (dollars in thousands):

	Three Months Ended June 30, 2019						Six Months Ended June 30, 2019
	Third Party Leases		Seabrook Lease		All Leases		Third Party Leases		Seabrook Lease		All Leases
Fixed lease cost	$	4,762	$	2,588	$	7,350	$	9,583	$	5,343	$	14,926
Short-term lease cost	353		—		353		810		—		810
Variable lease cost	661		—		661		1,032		—		1,032
Total lease cost	$	5,776	$	2,588	$	8,364	$	11,425	$	5,343	$	16,768

	As of and for the Six Months Ended June 30, 2019
	Third Party Leases		Seabrook Lease		All Leases
Current lease liability	$	14,480	$	7,997	$	22,477
Long-term lease liability	$	92,411	$	54,315	$	146,726
Right-of-use asset	$	105,143	$	62,313	$	167,456
Operating cash flows from operating leases	$	6,663	5,363		$	12,026
Weighted average remaining lease term (years)	7		9		8
Weighted-average discount rate	4.0%		4.2%		4.1%

Schedule of Future Minimum Rental Payments for Operating Leases

Future minimum payments receivable under operating leases with terms greater than one year as of June 30, 2019 are estimated as follows (in thousands):

2019	$	19,744
2020	33,584
2021	33,253
2022	23,544
2023	7,652
Thereafter	15,740
Total	$	133,517

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

The net investment under this arrangement as of December 31, 2018 and June 30, 2019 was as follows (in thousands):

	December 31, 2018		June 30, 2019
Total minimum lease payments receivable	$	17,468	$	16,594
Less: Unearned income	3,422		3,112
Recorded net investment in sales-type lease	$	14,046	$	13,482

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

	December 31, 2018		June 30, 2019
Other accounts receivable	$	1,138	$	1,164
Long-term receivables	12,908		12,318
Total	$	14,046	$	13,482

Future minimum payments receivable under this lease are $0.9 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.