Leases (Tables)

9 Months Ended

Sep. 30, 2019

Summary of Lease Costs and Other Information

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

	Three Months Ended		Nine Months Ended
	September 30, 2019
	(in thousands)
Lease cost
Operating lease cost	$	1,902	$	5,485
Short-term lease cost		12		12
Variable lease cost		615		1,612
Total lease cost	$	2,529	$	7,109

	Nine months ended
	September 30, 2019
	(in thousands)
Other information
Operating cash flows used for operating leases	$			4,784
Operating lease liabilities arising from obtaining right-of-use assets				2,554

	As of September 30, 2019
Lease term and discount rate
Weighted average remaining lease term	3.2 years
Weighted average discount rate	9.00%

Schedule of Future Minimum Lease Payments

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

Future Operating Lease Payments
Year Ending December 31,	(in thousands)
2019 (excluding the nine months ended September 30, 2019)	$	1,692
2020		7,113
2021		7,350
2022		4,733
2023		871
Thereafter		943
Total lease payments	$	22,702
Less: imputed interest		(3,055	)
Total operating lease liabilities at September 30, 2019	$	19,647

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
	$	19,947