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Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Schedule of Operating Lease Costs The Company’s operating lease costs were as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(in thousands)

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Operating lease cost (gross lease expense)

 

$

3,414

 

 

$

3,028

 

 

$

6,878

 

 

$

6,067

 

Variable lease costs

 

$

1,414

 

 

$

1,896

 

 

$

3,017

 

 

$

3,437

 

Sublease income (including reimbursed expenses)

 

$

1,162

 

 

$

1,866

 

 

$

2,579

 

 

$

3,667

 

 

Schedule of Maturities of Operating Lease Liabilities and Sublease Income

As of June 30, 2020, maturities of operating lease liabilities and sublease income, by year are as follows:

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

Operating Lease Payments

 

 

Sublease

Income

 

Remainder of 2020

 

$

7,036

 

 

$

1,592

 

2021

 

 

14,090

 

 

 

3,449

 

2022

 

 

13,953

 

 

 

1,278

 

2023

 

 

13,468

 

 

 

970

 

2024

 

 

13,225

 

 

 

 

Thereafter

 

 

55,680

 

 

 

 

Gross lease payments (income)

 

$

117,452

 

 

$

7,289

 

Less: Imputed interest

 

 

30,846

 

 

 

 

 

Less: Tenant improvement receivables

 

 

415

 

 

 

 

 

Total operating lease liabilities

 

$

86,191