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COMMITMENTS, CONTINGENCIES AND REGULATORY MATTERS (Tables)
3 Months Ended
Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Lease term and assumption
Information about our lease terms and our discount rate assumption is as follows:
 
 
As of
March 31, 2020
 
 
 
Weighted average remaining lease term (in years)
 
2.98

Weighted average discount rate
 
7.16
%
Lease activity during period
Our lease activity during the period is as follows:
(in thousands)
 
Three months ended
 March 31, 2020
 
Three months ended
 March 31, 2019
 
 
 
 
 
Operating lease costs:
 
 
 
 
Selling, general and administrative expense
 
$
2,281

 
$
3,566

Cost of revenue
 
634

 
969

 
 
 
 
 
Cash used in operating activities for amounts included in the measurement
of lease liabilities
 
$
3,311

 
$
4,737

Short-term (less than one year) lease costs
 
1,205

 
1,157

Maturities of operating lease liabilities
Maturities of our lease liabilities as of March 31, 2020 are as follows:
(in thousands)
 
Operating lease obligations
 
 
 
2020
 
$
8,728

2021
 
8,691

2022
 
5,623

2023
 
4,584

2024
 
2,864

Thereafter
 
599

Total lease payments
 
31,089

Less: interest
 
(3,642
)
 
 
 
Present value of lease liabilities
 
$
27,447