Leases (Notes)

9 Months Ended

Sep. 30, 2019

Leases of Lessor Disclosure [Text Block]

Leases

The Company leases certain office space and equipment from third parties and recognizes lease expense on a straight-line basis over the lease term. Leases with an initial term of 12 months or less are not recorded on its consolidated balance sheets.

The Company also leases a portion of its building to third parties and records related rental income within general and administrative expense in the consolidated statements of operations. These leases have remaining initial lease terms of 2 years to 8 years, some of which give the tenants options to renew the leases for up to an additional 10 years, and options to terminate the leases after 3 years of the initial lease terms, with early termination fees required. The Company recorded rental income of $0.6 million and $1.7 million for the three and nine months ended September 30, 2019.

The following table summarizes the Company's future rental payments to be received from non-cancellable leases in place as of September 30, 2019 (in thousands):



Year ending December 31:
2019	$	541
2020	2,002
2021	1,632
2022	1,325
2023	1,367
Thereafter	3,210
Total rental payments	$	10,077