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LEASES (Tables)
 12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Summary of leased assets and liabilities
thousands20202019
Assets
Operating lease right-of-use assets$66,490 $69,398 
Riverwalk impairment(10,235)— 
Total leased assets$56,255 $69,398 
Liabilities
Operating lease liabilities$68,929 $70,413 
Total leased liabilities$68,929 $70,413 
Components of lease expense and other information
The components of lease expense are as follows:
Year ended December 31,
thousands20202019
Operating lease cost$8,720 $9,082 
Variable lease costs958 1,682 
Net lease cost$9,678 $10,764 
Other information related to the Company’s lessee agreements is as follows:
thousandsYear ended December 31,
Supplemental Consolidated Statements of Cash Flows Information20202019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows on operating leases$7,235 $6,980 
Other Information20202019
Weighted-average remaining lease term (years)
Operating leases37.137.0
Weighted-average discount rate
Operating leases7.8 %7.8 %
Schedule of future minimum lease payments
Future minimum lease payments as of December 31, 2020, are as follows:
thousandsOperating Leases
2021$6,853 
20226,507 
20236,464 
20246,432 
20255,047 
Thereafter261,805 
Total lease payments293,108 
Less: imputed interest(224,179)
Present value of lease liabilities$68,929 
Schedule of minimum rentals based on operating leases of the consolidated properties The minimum rentals based on operating leases of the consolidated properties held as of December 31, 2020, are as follows:
Year ended December 31,
thousands20202019
Total Minimum Rent Payments$213,072 $218,740 

Total future minimum rents associated with operating leases are as follows:
thousandsTotal Minimum Rent
2021$221,374 
2022220,296 
2023199,858 
2024187,942 
2025158,817 
Thereafter778,057 
Total$1,766,344