Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Schedule of components of lease expenses

Components of lease expense were as follows (unaudited and in thousands):

	Three months ended		Six months ended
	June 30, 2019		June 30, 2019
Operating lease cost	$	2,543	$	5,023
Finance lease cost:
Amortization of assets		1,019		1,405
Interest on lease liabilities		454		699
Sublease income		(46)		(93)
Total lease costs	$	3,970	$	7,034

Schedule of supplemental balance sheet information

Supplemental balance sheet information related to leases was as follows (unaudited and in thousands, except lease term and discount rate):

	June 30,
	2019
Operating leases:
Operating lease right-of-use assets	$	59,946
Operating lease liabilities		67,457
Finance leases:
Property and equipment, at cost		48,233
Accumulated amortization		(2,496)
Property and equipment, net	$	45,737
Finance lease liabilities	$	46,436
Weighted average remaining lease term (in years):
Operating leases		13.8
Finance leases		11.9
Weighted average discount rate:
Operating leases		5.1%
Finance leases		4.2%

Schedule of cash flow information and other information

Supplemental cash flow and other information related to leases was as follows (unaudited and in thousands):

	Six months ended
	June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	2,540
Operating cash flows for finance leases	$	545
Financing cash flows for finance leases	$	1,560

Schedule of maturities of operating lease liabilities

Maturities of lease liabilities were as follows (unaudited and in thousands):

	June 30, 2019
	Operating Leases		Finance Leases
2019 (July - December)	$	4,741	$	2,310
2020		9,589		4,493
2021		9,818		4,514
2022		10,266		4,639
2023		10,393		4,776
Thereafter		57,225		39,908
Total Lease Payments	$	102,032	$	60,640
Less: Imputed Interest		34,574		14,204
Total Lease Obligations	$	67,457	$	46,436

Schedule of maturities of finance lease liabilities

	June 30, 2019
	Operating Leases		Finance Leases
2019 (July - December)	$	4,741	$	2,310
2020		9,589		4,493
2021		9,818		4,514
2022		10,266		4,639
2023		10,393		4,776
Thereafter		57,225		39,908
Total Lease Payments	$	102,032	$	60,640
Less: Imputed Interest		34,574		14,204
Total Lease Obligations	$	67,457	$	46,436

Schedule of components of lease revenue

	Three months ended				Six months ended
	June 30,		June 30,		June 30,
	2019		2018		2019		2018
Lease revenue:
Minimum lease revenue	$	101,947	$	90,411	$	200,543	$	178,529
Variable lease revenue (primarily recoveries from customers)		13,030		10,675		23,823		22,485
Total lease revenue	$	114,977	$	101,086	$	224,366	$	201,014