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Implemented Accounting Pronouncements (Tables)
6 Months Ended
Jun. 30, 2019
Accounting Changes And Error Corrections [Abstract]  
Summary of Supplemental Cash flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:  

 

(in thousands)

 

Six Months Ended

 

 

 

June 30, 2019

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

   Operating cash flows from operating leases

 

$

1,785

 

 

 

 

 

 

Right of use assets obtained in exchange for lease obligations:

 

 

 

 

   Operating leases

 

$

1,582

 

Summary of Maturities of Operating Lease Liabilities

As of June 30, 2019, maturities of operating lease liabilities were as follows:

(in thousands)

 

 

 

 

Year ended December 31,

 

 

 

 

2019

 

$

1,621

 

2020

 

 

2,863

 

2021

 

 

2,411

 

2022

 

 

1,762

 

2023

 

 

1,332

 

Thereafter

 

 

1,208

 

   Total lease payments

 

 

11,197

 

Less imputed interest

 

 

(1,007

)

 

 

$

10,190

 

 

Summary of Maturities of Operating Lease Payments

As of June 30, 2019, maturities of operating lease payments to be received in 2019 and thereafter were as follows:

 

(in thousands)

 

 

 

 

2019

 

$

56,096

 

2020

 

 

49,265

 

2021

 

 

17,315

 

2022

 

 

4,119

 

2023

 

 

873

 

Thereafter

 

 

223

 

 

 

$

127,891

 

Minimum Lease Payments Receivable and Net Investment Included in Accounts Receivable for Leases The minimum lease payments receivable and the net investment are included in Accounts receivable on the Company’s Consolidated Balance Sheet for such leases, which were as follows:

 

(in thousands)

 

June 30, 2019

 

Gross minimum lease payments receivable

 

$

2,739

 

Less – unearned interest

 

 

(263

)

Net investment in finance lease receivables

 

$

2,476

 

Future Minimum Lease Payments under Non-Cancelable Finance Leases

As of June 30, 2019, the future minimum lease payments under non-cancelable finance leases to be received in 2019 and thereafter were as follows:

 

(in thousands)

 

 

 

 

Year Ended December 31,

 

 

 

 

2019

 

$

1,430

 

2020

 

 

896

 

2021

 

 

335

 

2022

 

 

78

 

Total minimum future lease payments

 

$

2,739