Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2019

Commitments and Contingencies Disclosure [Abstract]

Lease, Cost

Supplemental cash flow and other information related to leases for the nine-month period ended September 30, 2019 is presented below:

	Nine months ended
	September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:	(in thousands)
Operating cash flows from operating leases	$(144)

The following table represents the components of lease expenses for the three-month and nine-month periods ended September 30, 2019:

		Three months ended	Nine months ended
Lease expense	Classification	September 30, 2019	September 30, 2019
		(in thousands)	(in thousands)
Operating lease cost	Gaming expense or SG&A expense	$2,971	$8,658
Variable lease cost:	Gaming expense or SG&A expense	973	2,043
Net lease cost (1)		$3,944	$10,701

(1) Net lease cost does not include short-term leases, none of which are material.

The schedule below lists the Company's lease terms and discount rates as of September 30, 2019:

	September 30, 2019
Weighted-average remaining lease term (years)
Operating leases	13.00
Weighted-average discount rate
Operating leases	12.26	%

Assets and Liabilities, Lessee

Supplemental condensed consolidated balance sheet information related to leases at September 30, 2019 is presented below:

Leases	Classification	September 30, 2019
Assets		(in thousands)
Operating lease ROU assets	Other assets (non-current)	$63,000
Total leased assets		$63,000
Liabilities
Operating	Other long-term liabilities	$74,518
Total lease liabilities		$74,518

Lessee, Operating Lease, Liability, Maturity

The Company's lease liability maturities at September 30, 2019 were as follows:

	Operating
Period	Leases
	(in thousands)
2019 (remaining of year)	$2,213
2020	8,940
2021	8,487
2022	8,400
2023	8,400
Thereafter	353,357
Total lease payments	389,797
Less: Imputed interest	315,279
Total lease liabilities	$74,518