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RIGHT-OF-USE ASSETS UNDER OPERATING LEASES
 9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
RIGHT-OF-USE ASSETS UNDER OPERATING LEASES
RIGHT-OF-USE ASSETS UNDER OPERATING LEASES
Right-of-use assets under operating leases consist of the following:
(in thousands)
 
September 30,
2019
 
December 31,
2018
 
 
 
 
 
Right-of-use assets under operating leases
 
$
34,422

 
$
—

Less: Accumulated amortization
 
(8,394
)
 
—

 
 
 
 
 
Total
 
$
26,028

 
$
—


The Company adopted Topic 842 effective January 1, 2019, which resulted in the recognition of $42.1 million of right-of-use assets upon adoption for operating leases, primarily for office space (see Note 1). Amortization of operating leases was $9.1 million for the nine months ended September 30, 2019 ($2.9 million for the third quarter 2019) (no comparative amounts for the nine months ended September 30, 2018 and the third quarter of 2018), and is included in cost of revenue for operating assets and in selling, general and administrative expenses for non-operating assets in the accompanying condensed consolidated statements of operations and comprehensive income (loss).