LEASES (Tables)

9 Months Ended

Sep. 30, 2019

LEASES

Schedule of balance sheet classification of the Company's right-of-use asset and lease liabilities

The balance sheet classification of the Company’s right-of-use asset and lease liabilities was as follows:

	September 30, 2019
Operating lease right-of-use assets	$	13,738
Operating lease liabilities
Current portion included in current liabilities		8,370
Long-term portion included in non-current liabilities		6,017
Total operating lease liabilities	$	14,387

Schedule of components of lease expenses

The components of lease expenses, which were included in Total expenses in the Company’s consolidated statement of operations, were as follows:

	For the Three Months		For the Nine Months
	Ended		Ended
	September 30, 2019		September 30, 2019
Operating lease cost	$	2,214	$	5,489
Variable lease cost		1,967		3,908
Short-term lease cost		14		51
Total lease cost	$	4,195	$	9,448

Schedule of maturities of the Company's operating lease liabilities

As of September 30, 2019, the maturities of the Company’s operating lease liabilities were as follows (in thousands):

			CMO
	Facility		embedded
	leases		leases		Total
Remainder of 2019	$	353	$	2,110	$	2,463
2020		1,830		6,691		8,521
2021		714		2,685		3,399
2022		81		191		272
2023		—		—		—
Thereafter		—		—		—
Total lease payments	$	2,978	$	11,677	$	14,655
Less:    Present value adjustment		(194)		(74)		(268)
Operating lease liabilities	$	2,784	$	11,603	$	14,387

Schedule of minimum lease commitments

As required, the following disclosure is provided for periods prior to adoption. Minimum lease commitments as of December 31, 2018 that have initial or remaining lease terms in excess of one year are as follows:

			CMO
	Facility		embedded
	leases		leases		Total
Remainder of 2019	$	964	$	3,352	$	4,316
2020		1,696		4,818		6,514
2021		577		1,410		1,987
2022		—		131		131
2023		—		—		—
Thereafter		—		—		—
Total lease payments	$	3,237	$	9,711	$	12,948
Less: Present value adjustment		(349)		(502)		(851)
Operating lease liabilities	$	2,888	$	9,209	$	12,097