Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Lease Cost

The following table shows lease expense for the year ended December 31, 2019:

(In thousands)			Income Statement Location
Finance lease expense:
Amortization of leased assets	$	1,524	Depreciation and amortization
Interest on lease liabilities		792	Interest expense, net
Operating lease expense		144	Other operations and maintenance
Total lease expense	$	2,460

Lease Balance Sheet

The following table shows the lease assets and liabilities on the consolidated balance sheet as of December 31, 2019:

(In thousands)			Balance Sheet Location
Lease assets:
Finance lease assets	$	15,895	Property, plant, and equipment, net
Operating lease assets		671	Other deferred assets and other
Total lease assets	$	16,566
Lease liabilities:
Finance lease liabilities - current	$	888	Other current liabilities
Finance lease liabilities - long-term		17,379	Finance lease liabilities
Operating lease liabilities - current		203	Other current liabilities
Operating lease liabilities - long-term		496	Other deferred liabilities and other
Total lease liabilities	$	18,966

Other Financial Information

The following table shows other lease information for the year ended December 31, 2019:

(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Finance leases - Financing cash flows	$	945
Finance leases - Operating cash flows		792
Operating leases - Operating cash flows		134
Lease assets obtained in exchange for lease liabilities:
Finance leases		12,101
Operating leases		657

Weighted Average And Discount Rate

The following table shows the weighted average remaining lease terms and discounts as of December 31, 2019:

Weighted-average remaining lease terms (in years):
Finance leases	39
Operating leases	15
Weighted-average discount rates:
Finance leases	4.37	%
Operating leases	3.32	%

Lessee Operating Lease Liability Maturity

The following table shows maturities of lease liabilities as of December 31, 2019:

(In thousands)		Finance		Operating
2020	$	1,649	$	223
2021		1,434		154
2022		1,315		87
2023		1,233		12
2024		774		12
Thereafter		40,542		461
Subtotal		46,947		949
Less: Present value discount		(28,680)		(250)
Lease Liability	$	18,267	$	699

Lessee Finance Lease Liability Maturity

The following table shows maturities of lease liabilities as of December 31, 2019:

(In thousands)		Finance		Operating
2020	$	1,649	$	223
2021		1,434		154
2022		1,315		87
2023		1,233		12
2024		774		12
Thereafter		40,542		461
Subtotal		46,947		949
Less: Present value discount		(28,680)		(250)
Lease Liability	$	18,267	$	699

Operating Leases, Future Minimum Rental Payments

The following table shows maturities of lease liabilities as of December 31, 2018:

(In thousands)		2019		2020		2021		2022		2023		Thereafter
Minimum lease payments	$	1,646	$	1,371	$	1,095	$	989	$	975	$	22,707