Leases Maturity (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

As of September 30, 2019, the maturities of our lease liabilities for each of the next five years is approximately (in thousands):

	Operating Leases
Remainder of 2019	$	2,169
2020	8,409
2021	7,060
2022	6,470
2023	6,118
Thereafter	13,569
Total Lease Payments	43,795
Less imputed interest	(6,854		)
Total	$	36,941

As of December 31, 2018, the maturities of our operating lease liabilities for each of the next five years were approximately (in thousands):

	Operating Leases
2019	$	8,326
2020	8,572
2021	6,489
2022	5,914
2023	5,615
Thereafter	13,235
Total Lease Payments(1)	$	48,151

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⁽¹⁾The lease payment maturities as of December 31, 2018 are not calculated at present value.

During the third quarter 2019, we signed a ten-year lease for a 610,806 square foot warehouse.  The commencement of the lease is not expected until the first quarter of 2020 subject to the completion of landlord buildouts which will make the space available for use.  Over the ten-year lease term, we expect the lease payments to total at least $21.8 million.