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Leases (Tables)
9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Summary of components of lease expense and other lease information

The components of lease expense and other lease information as of and during the three and nine month periods ended September 30, 2019 are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

September 30, 

 

September 30, 

 

2019

 

 

2019

    

 

 

 

 

 

 

 

 

Operating lease cost

$

790

 

 

$

2,146

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

 

   Operating cash flows from operating leases

$

392

 

 

$

1,495

 

 

 

 

 

 

 

 

 

Right-of-use assets obtained in exchange for new operating lease liabilities

$

 —

 

 

$

 —

 

 

Summary of balance sheet components

The components of lease expense and other lease information as of and during the nine month period ended September 30, 2019 are as follows (in thousands):

 

 

 

 

 

 

 

September 30, 

 

    

2019

 

 

 

 

Operating lease right-of-use assets

 

$

16,578

 

 

 

 

Operating lease liabilities

 

$

17,485

 

 

 

 

Weighted-average remaining lease term - operating leases

 

 

10.7

 

 

 

 

Weighted-average discount rate - operating leases

 

 

5.88%

 

Summary of future minimum lease payments under non-cancellable leases as of March 31, 2019

Future minimum lease payments under non-cancellable leases as of September 30, 2019 and December 31, 2018 are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 

 

 

December 31,

 

    

2019

 

 

2018

 

 

 

 

 

 

 

2019

 

$

394

 

$

1,889

2020

 

 

2,473

 

 

2,473

2021

 

 

2,172

 

 

2,172

2022

 

 

2,171

 

 

2,171

2023

 

 

1,885

 

 

1,885

Thereafter

 

 

15,266

 

 

15,266

Total future minimum lease payments

 

$

24,361

 

$

25,856

 

 

 

 

 

 

 

Less imputed interest

 

$

(6,876)

 

$

N/A

Total operating lease liability

 

$

17,485

 

$

N/A