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Leases (Tables)
6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Lease, Cost
Supplemental cash flow information related to leases was as follows:
 
 
Three Months Ended
June 30, 2019
 
Six Months Ended
June 30, 2019
 
 
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities
 
$
2,578

 
$
4,506

ROU assets obtained in exchange for new lease obligations
 
$
58,906

 
$
60,772


The components of lease expense were as follows:
 
 
Three Months Ended
June 30, 2019
 
Six Months Ended
June 30, 2019
 
 
(in thousands)
Operating lease cost
 
$
3,055

 
$
5,022

Short-term lease costs
 
137

 
286

Variable lease costs
 
592

 
1,009

Total lease costs
 
$
3,784

 
$
6,317



Assets and Liabilities, Lessee
Supplemental balance sheet information related to the operating leases was as follows:
 
 
As of
June 30, 2019
 
 
(in thousands, except lease term and discount rate)
Operating ROU assets
 
$
59,417

 
 
 
Operating lease liabilities, current portion
 
$
6,057

Operating lease liabilities, non-current portion
 
71,722

Total operating lease liabilities
 
$
77,779

 
 
 
Weighted average remaining lease term (in years) - operating leases
 
9.2

Weighted average discount rate - operating leases
 
7.8
%

Lessee, Operating Lease, Liability, Maturity
Maturities of operating lease liabilities as of June 30, 2019 were as follows (in thousands):
2019 (for the remaining six months)
$
4,869

2020
11,959

2021
11,691

2022
11,391

2023
11,340

2024 and thereafter
53,561

Total lease payments
$
104,811

Less: imputed interest
(27,032
)
Total
$
77,779


Under the prior lease accounting standard, as of December 31, 2018, the future minimum payments under non-cancellable leases, which included our future headquarters, were as follows (in thousands):
2019
$
9,899

2020
11,616

2021
10,933

2022
11,054

2023
11,136

Thereafter
53,648

Total
$
108,286