Leases (Tables)

6 Months Ended

Jun. 30, 2019

Summary of Lease Costs and Other Information

The following table contains a summary of the lease costs recognized under Topic 842 and other information pertaining to the Company’s operating leases for the three and six months ended June 30, 2019:

	Three Months Ended			Six Months Ended
	June 30, 2019
	(in thousands)
Lease cost
Operating lease cost	$	1,880		$	3,583
Variable lease cost		460			997
Total lease cost	$	2,340		$	4,580
Other information
Operating cash flows used for operating leases	$	1,635		$	3,122
Operating lease liabilities arising from obtaining right-of-use assets		1,343			1,343
Weighted average remaining lease term	3.5 years			3.5 years
Weighted average discount rate		9.00	%		9.00	%

Schedule of Future Minimum Lease Payments

Future minimum lease payments under the Company’s non-cancelable operating leases as of June 30, 2019, are as follows:

Future Operating Lease Payments
Year Ending December 31,	(in thousands)
2019 (excluding the six months ended June 30, 2019)	$	3,355
2020		6,483
2021		6,618
2022		4,732
2023		871
Thereafter		943
Total lease payments	$	23,002
Less: imputed interest		(3,333	)
Less: leases not yet commenced		-
Total operating lease liabilities at June 30, 2019	$	19,669

Future minimum lease payments under the Company’s non-cancelable operating leases as of December 31, 2018, are as follows:

Year Ending December 31,	(In thousands)
2019	$	5,616
2020		4,963
2021		5,507
2022		3,861
Thereafter		-
	$	19,947