XML 47 R30.htm IDEA: XBRL DOCUMENT

Leases (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2019

Dec. 31, 2018

The components of lease revenue at NW Natural were as follows:



In thousands	Three months ended June 30, 2019		Six months ended June 30, 2019
Lease revenue
Operating leases	$	47	$	95
Sales-type leases	2,085		2,145
Total lease revenue	$	2,132	$	2,240

Lessor, Operating Lease, Payments to be Received, Maturity

Total future minimum lease payments to be received under non-cancelable leases at NW Natural at June 30, 2019 are as follows:



In thousands	Operating		Sales-Type		Total
Remainder of 2019	$	58	$	9,708	$	9,766
2020	61		18,228		18,289
2021	49		17,518		17,567
2022	45		17,026		17,071
2023	45		16,557		16,602
Thereafter	138		280,607		280,745
Total lease revenue	$	396	$	359,644	$	360,040
Less: imputed interest			208,877
Total leases receivable			$	150,767

Lease Expense

The components of lease expense, a portion of which is capitalized, were as follows:



	Three months ended June 30, 2019
In thousands	NW Natural		Other (NW Holdings)		NW Holdings
Operating lease expense	$	1,155	$	46	$	1,201
Short-term lease expense	331		—		331

	Six months ended June 30, 2019
In thousands	NW Natural		Other (NW Holdings)		NW Holdings
Operating lease expense	$	2,297	$	92	$	2,389
Short-term lease expense	491		—		491

Operating Lease, Lease Asset and Liabilities

Supplemental balance sheet information related to operating leases as of June 30, 2019 is as follows:



In thousands	NW Natural		Other (NW Holdings)		NW Holdings
Operating lease right of use asset	$	4,797	$	216	$	5,013

Operating lease liabilities - current liabilities	$	4,141	$	130	$	4,271
Operating lease liabilities - non-current liabilities	634		87		721
Total operating lease liabilities	$	4,775	$	217	$	4,992

Lessee, Operating Lease, Liability, Maturity

Maturities of operating lease liabilities at June 30, 2019 were as follows:



In thousands	NW Natural		Other (NW Holdings)		NW Holdings
Remainder of 2019	$	2,298	$	93	$	2,391
2020	1,980		102		2,082
2021	101		28		129
2022	93		—		93
2023	71		—		71
Thereafter	497		—		497
Total lease payments	5,040		223		5,263
Less: imputed interest	265		6		271
Total lease obligations	4,775		217		4,992
Less: current obligations	4,141		130		4,271
Long-term lease obligations	$	634	$	87	$	721

The following table reflects NW Natural's future minimum lease payments due under non-cancelable operating leases for continuing operations at December 31, 2018. These commitments relate principally to the lease of the office headquarters and underground gas storage facilities.



In thousands	Minimum lease payments
2019	$	5,368
2020	4,812
2021	7,077
2022	7,223
2023	7,304
Thereafter	149,881
Total	$	181,665

Lessee, Leases, Supplemental Cash Flow Information

Supplemental cash flow information related to leases was as follows:



	Three months ended June 30, 2019
In thousands	NW Natural		Other (NW Holdings)		NW Holdings
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	1,115	$	44	$	1,159

	Six months ended June 30, 2019
	NW Natural		Other (NW Holdings)		NW Holdings
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	2,206	$	87	$	2,293
Right of use assets obtained in exchange for lease obligations
Operating leases	$	6,987	$	304	$	7,291