LEASES (Tables)

3 Months Ended

Mar. 31, 2019

Summary of Lease Costs Recognized Under Topic 842 and Other Information Pertaining to Operating Leases

The following table contains a summary of the lease costs recognized under Topic 842 and other information pertaining to the Company’s operating leases for the three months ended March 31, 2019:

Operating Lease (in thousands)	For the three months ended March 31, 2019
Lease cost
Operating lease cost	$	2,602
Variable lease cost		1,129
Total lease cost	$	3,731

Other information
Operating lease payments		2,376
Operating lease liabilities arising from obtaining right-of-use-assets		—
Weighted average remaining lease term	6.2 years
Weighted average discount rate		7.50	%

Summary of Future Minimum Lease Payments Under Non-Cancelable Operating Leases Recognized Under Topic 842

Future minimum lease payments under the Company’s non-cancelable operating leases as of March 31, 2019, are as follows:

Maturity of lease liability (in thousands)	As of March 31, 2019
2019 (April - December)	$	8,061
2020		11,395
2021		12,558
2022		10,737
2023		10,877
Thereafter		20,484
Total minimum lease payments		74,112
Less: imputed interest		(15,183	)
Total operating lease liabilities	$	58,929
Included in the condensed consolidated balance sheet:
Current portion of lease liabilities within other current liabilities	$	6,764
Lease liabilities		52,165
Total operating lease liabilities	$	58,929

Summary of Future Minimum Lease Payments Under Non-Cancelable Operating Leases

Future minimum lease payments under the Company’s non-cancelable operating leases as of December 31, 2018, are as follows:

Maturity of lease liability (in thousands)	As of December 31, 2018
2019	$	11,588
2020		11,395
2021		12,558
2022		10,757
2023		10,898
Thereafter		20,524
Total minimum lease payments	$	77,720