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Leases (Tables)
9 Months Ended
Sep. 30, 2019
Maturities of lease liabilities Amounts related to financing leases were immaterial. The maturity of the Company’s operating lease liabilities as of September 30, 2019 are as follows (amounts in thousands):
         
As of September 30, 2019
 
Amount
 
2019 (remaining three months)
  $
920
 
2020
   
4,966
 
2021
   
5,388
 
2022
   
4,438
 
2023
   
3,517
 
2024 and thereafter
   
17,530
 
         
Total future minimum lease payments
   
36,759
 
Less
:
amount of lease payment representing interest
   
7,659
 
         
Total operating lease liabilities
  $
29,100
 
         
 
 
Abstract of operating lease liability
Total operating lease liabilities is included on the Company’s consolidated balance sheet
is 
as follows (amounts in thousands):
 
As of September 30, 2019
 
Operating lease liability
  $
3,044
 
Operating lease liability, long-term
   
26,056
 
         
Minimum operating lease payments
  $
29,100
 
         
Lease, Cost For the three and nine months ended September 30, 2019, total lease cost is comprised of the following:
 
Three Months Ended
 
 
Nine Months Ended
 
Lease Cost
 
September 30, 2019
 
 
September 30, 2019
 
 
(Amounts in thousands)
 
Operating lease cost
  $
1,207
    $
3,119
 
Variable operating lease cost
   
242
     
902
 
                 
Lease cost
  $
1,449
    $
4,021
 
                 
Schedule Of Supplemental Disclosure Of Cash Flows Related To Operating Leases
The following information represents supplemental disclosure for the consolidated statements of cash flows related to operating leases (amounts in thousands):
 
Nine Months Ended
 
 
September 30, 2019
 
Operating cash flows from operating leases
  $
(2,962
)
Schedule Of Discount Rate And Lease Term Used In Calculating Lease Liabilities And Assets
The weighted average remaining lease term and the weighted average discount rate used to measure our operating lease liabilities as of September 30, 2019 were:
Weighted average remaining lease term (years)
   
8.09
 
Weighted average discount rate
   
4.89
%
Prior Accounting Standard [Member]  
Schedule of Future Minimum Rental Payments for Operating Leases
As previously disclosed in the Company’s
2018
Annual Report on Form
10-K
and under the previous lease accounting standard, ASC
840
,
“Leases,”
the total commitment for
non-cancelable
operating leases was $
18.0
 million as of December 
31
,
2018
(amounts in thousands):
For the Years Ended December 31,
 
Amount
 
2019
  $
4,021
 
2020
   
3,599
 
2021
   
3,263
 
2022
   
2,213
 
2023
   
1,316
 
2024 and thereafter
   
3,622
 
         
Minimum operating lease payments
  $
18,034