Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Lease, Cost

The following table provides the components of lease expense for the periods indicated (in thousands):

	Three Months		Nine Months
	Ended		Ended
	September 30,		September 30,
	2019		2019
Finance lease cost:
Amortization of ROU assets	$	553	$	1,254
Interest on lease liabilities	87		214
Operating lease cost	675		2,254
Short-term lease cost	2,527		7,355
Total lease expense	$	3,842	$	11,077

The following table provides supplemental cash flow and other information related to leases for the period indicated (in thousands):

	Nine Months
	Ended
	September 30,
	2019
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases (1)	$	2,254
Operating cash flows from finance leases	197
Financing cash flows from finance leases	1,171
ROU assets obtained in exchange for new lease liabilities:
Finance leases	4,148
Operating leases	12,006

______________

(1) Amount is included in Other operating activities on the unaudited condensed consolidated cash flow statement.

The following table provides the lease term and discount rate for the period indicated:

	Nine Months
	Ended
	September 30,
	2019
Weighted-average remaining lease term (years):
Finance leases	3.28
Operating leases	4.98
Weighted-average discount rate:
Finance leases	4.9	%
Operating leases	5.0	%

Assets And Liabilities, Lessee

The following table provides supplemental balance sheet information related to leases at the date indicated (in thousands):

	September 30,
	2019
Assets
Finance lease ROU assets (1)	$	6,937
Operating lease ROU assets	10,137
Liabilities
Current
Finance lease liabilities	2,142
Operating lease liabilities	2,245
Noncurrent
Finance lease liabilities	4,927
Operating lease liabilities	7,890

______________

(1) Amount is included in Property and equipment, net on the unaudited condensed consolidated balance sheet.

Lessee, Operating Lease, Liability, Maturity

The following table provides maturities of undiscounted lease liabilities at September 30, 2019 (in thousands):

	Finance		Operating
	Lease		Lease
Remainder of 2019	$	606	$	678
2020	2,426		2,660
2021	2,426		2,256
2022	1,492		1,914
2023	642		1,776
Thereafter	38		2,113
Total lease payments	7,630		11,397
Less: Interest	(561)		(1,262)
Present value of lease liabilities	7,069		10,135
Less: Current portion of lease obligation	(2,142)		(2,245)
Total long-term lease obligation	$	4,927	$	7,890

Finance Lease, Liability, Maturity

The following table provides maturities of undiscounted lease liabilities at September 30, 2019 (in thousands):

	Finance		Operating
	Lease		Lease
Remainder of 2019	$	606	$	678
2020	2,426		2,660
2021	2,426		2,256
2022	1,492		1,914
2023	642		1,776
Thereafter	38		2,113
Total lease payments	7,630		11,397
Less: Interest	(561)		(1,262)
Present value of lease liabilities	7,069		10,135
Less: Current portion of lease obligation	(2,142)		(2,245)
Total long-term lease obligation	$	4,927	$	7,890

Schedule of Principal Contractual Commitments Outstanding Under Capital Leases

The following table provides maturities of undiscounted lease liabilities at December 31, 2018 (in thousands):

	Finance		Operating
	Lease		Lease
2019	$	1,052	$	4,242
2020	1,052		2,258
2021	1,052		2,107
2022	909		1,782
2023	451		1,495
Thereafter	—		1,488
Total lease payments	4,516		$	13,372
Less: Interest	(424)
Present value of lease liabilities	4,092
Less: Current portion of lease obligation	(883)
Total long-term lease obligation	$	3,209

Schedule of Principal Contractual Commitments Outstanding Under Operating Leases

The following table provides maturities of undiscounted lease liabilities at December 31, 2018 (in thousands):

	Finance		Operating
	Lease		Lease
2019	$	1,052	$	4,242
2020	1,052		2,258
2021	1,052		2,107
2022	909		1,782
2023	451		1,495
Thereafter	—		1,488
Total lease payments	4,516		$	13,372
Less: Interest	(424)
Present value of lease liabilities	4,092
Less: Current portion of lease obligation	(883)
Total long-term lease obligation	$	3,209