Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Schedule of components of lease expenses

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

	Three months ended		Nine months ended
	September 30, 2019		September 30, 2019
Operating lease cost	$	2,479	$	7,502
Finance lease cost:
Amortization of assets		1,091		2,496
Interest on lease liabilities		505		1,204
Sublease income		(46)		(139)
Total lease costs	$	4,029	$	11,063

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):

	September 30,
	2019
Operating leases:
Operating lease right-of-use assets	$	58,551
Operating lease liabilities		65,949
Finance leases:
Property and equipment, at cost		50,437
Accumulated amortization		(3,791)
Property and equipment, net	$	46,646
Finance lease liabilities	$	45,753
Weighted average remaining lease term (in years):
Operating leases		13.7
Finance leases		11.7
Weighted average discount rate:
Operating leases		5.1%
Finance leases		4.3%

Schedule of cash flow information and other information

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

	Nine months ended
	September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	7,446
Operating cash flows for finance leases	$	1,180
Financing cash flows for finance leases	$	2,243

Schedule of maturities of operating lease liabilities

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

	September 30, 2019
	Operating Leases		Finance Leases
2019 (October - December)	$	2,374	$	1,108
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	$	99,665	$	59,438
Less: Imputed Interest		33,716		13,685
Total Lease Obligations	$	65,949	$	45,753

Schedule of components of lease revenue

	Three months ended				Nine months ended
	September 30,		September 30,		September 30,
	2019		2018		2019		2018
Lease revenue:
Minimum lease revenue	$	103,623	$	92,812	$	304,166	$	271,342
Variable lease revenue (primarily recoveries from customers)		17,852		11,948		41,675		34,432
Total lease revenue	$	121,475	$	104,760	$	345,841	$	305,774