Leases (Notes)

6 Months Ended

Jun. 30, 2019

Leases

The Company has operating leases for data centers, computer infrastructure, corporate offices and certain equipment. These leases have remaining lease terms ranging from 1 year to 14 years. Some of these leases include options to extend for up to 15 years, and some include options to terminate within 1 year.

As of June 30, 2019, the Company did not have any finance leases.

The components of operating lease expense were as follows (in thousands):



	Three Months Ended June 30, 2019			Six Months Ended June 30, 2019
Operating lease cost	$	2,244		$	4,493
Variable lease cost	588			891
Sublease income	(132		)	(149		)
Total lease cost	$	2,700		$	5,235

Supplemental information related to leases was as follows (in thousands):



	Three Months Ended June 30, 2019		Six Months Ended June 30, 2019
Cash paid for amounts included in the measurement of lease liability:
Operating cash flows from operating leases	$	1,866	$	2,882



	June 30, 2019
Weighted average remaining lease term:
Operating leases	8.1 years
Weighted average discount rate:
Operating leases	7.65	%

As of June 30, 2019, maturities of lease liabilities were as follows (in thousands):



Year Ending December 31,	Amount
Remaining 2019	$	3,262
2020	5,184
2021	6,030
2022	4,588
2023	4,604
2024 and thereafter	38,716
Total operating lease payments	62,384
Less: Imputed interest	(23,437		)
Less: Anticipated lease incentive	(14,207		)
Total operating lease liabilities	$	24,740

As of June 30, 2019, the Company has additional operating leases of approximately $1.5 million that have not yet commenced, as the lessor has not made the underlying assets available for use by the Company. These operating leases will commence in fiscal year 2019 with lease terms of 5 years to 14 years.

As of December 31, 2018, the future minimum lease commitments related to lease agreements under Topic 840, the predecessor of Topic 842, were as follows:



Year Ending December 31,	Amount
2019	$	4,164
2020	1,649
2021	5,115
2022	6,181
2023	5,679
2024 and thereafter	57,365
Total minimum lease payments	$	80,153