XML 81 R46.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Summary of Leases Table
The following table summarizes information related to the Partnership’s leases at December 31, 2019:
thousands except lease term and discount rate
 
Operating Leases
 
Finance Leases
Assets
 
 
 
 
Other assets
 
$
3,985

 
$

Net property, plant, and equipment
 

 
7,892

Total lease assets (1)
 
$
3,985

 
$
7,892

 
 
 
 
 
Liabilities
 

 
 
Accrued liabilities
 
$
1,805

 
$

Short-term debt
 

 
7,873

Other liabilities
 
3,035

 

Total lease liabilities (1)
 
$
4,840

 
$
7,873

 
 
 
 
 
Weighted-average remaining lease term (years)
 
5

 

Weighted-average discount rate
 
4.7
%
 
2.9
%
 
                                                                                                                                                                                   
(1) 
Includes additions to ROU assets and lease liabilities of $8.5 million related to finance leases for the year ended December 31, 2019.
Summary of Lease Cost and Cash Flow Activity Tables The following table summarizes the Partnership’s lease cost for the year ended December 31, 2019:
thousands
 
Year Ended 
 December 31, 2019
Operating lease cost
 
$
6,932

Short-term lease cost
 
1,295

Variable lease cost
 
256

Sublease income
 
(414
)
Finance lease cost
 
 
Amortization of ROU assets
 
562

Interest on lease liabilities
 
137

Total lease cost
 
$
8,768

 

The following table summarizes cash paid for amounts included in the measurement of lease liabilities for the year ended December 31, 2019:
thousands
 
Operating Leases
 
Finance Leases
Operating cash flows
 
$
7,042

 
$
118

Financing cash flows
 

 
508

 

Lessee, Operating Leases Maturity Tables
The following table reconciles the undiscounted cash flows to the operating and finance lease liabilities at December 31, 2019:
thousands
 
Operating Leases
 
Finance Leases
2020
 
$
1,969

 
$
7,934

2021
 
612

 

2022
 
618

 

2023
 
625

 

2024
 
449

 

Thereafter
 
1,209

 

Total lease payments
 
5,482

 
7,934

Less portion representing imputed interest
 
642

 
61

Total lease liabilities
 
$
4,840

 
$
7,873



The amounts in the table below represent contractual operating lease commitments at December 31, 2018, that were assigned or otherwise charged to the Partnership pursuant to the reimbursement provisions of the omnibus agreement (see Note 1):
thousands
 
 
2019
 
$
8,711

2020
 
2,236

2021
 
460

2022
 
467

2023
 
473

Thereafter
 
1,547

Total lease payments
 
$
13,894


Lessee, Finance Leases Maturity Table
The following table reconciles the undiscounted cash flows to the operating and finance lease liabilities at December 31, 2019:
thousands
 
Operating Leases
 
Finance Leases
2020
 
$
1,969

 
$
7,934

2021
 
612

 

2022
 
618

 

2023
 
625

 

2024
 
449

 

Thereafter
 
1,209

 

Total lease payments
 
5,482

 
7,934

Less portion representing imputed interest
 
642

 
61

Total lease liabilities
 
$
4,840

 
$
7,873


Lessor, Operating Leases Maturity Table
The following table presents the undiscounted cash flows expected to be received for all operating leases in effect as of December 31, 2019. This presentation includes minimum fixed lease payments and does not include an estimate of variable lease consideration.
thousands
 
 
2020
 
$
157,582

2021
 
193,925

2022
 

2023
 

2024
 

Thereafter
 

Total lease payments
 
$
351,507