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LEASES (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Assets and Liabilities, Leases
Leases
 
 
 
 
 
 
Classification
 
March 31, 2019
Assets
 
 
 
 
   Operating lease assets
 
Operating lease assets
 
377,799

   Finance lease assets
 
Property and equipment, net (a)
 
1,045

Total leased assets
 
 
 
378,844

 
 
 
 
 
Liabilities
 
 
 
 
Current
 
 
 
 
   Operating
 
Current portion of operating lease liabilities
 
22,205

   Finance
 
Current portion of long-term debt and finance lease obligations, net

 
383

Noncurrent
 
 
 
 
   Operating
 
Operating lease liabilities
 
362,094

   Finance
 
Long-term debt and finance lease obligations, less current portion and deferred financing costs, net

 
466

Total lease liabilities
 
 
 
385,148

 
 
 
 
 
(a) Finance lease assets are recorded net of accumulated amortization of 1,283 as of March 31, 2019.
Lease, Cost
Lease Cost
 
 
 
Three Months Ended
 
 
Classification
 
March 31, 2019
Operating lease cost (a)
 
Lease and rent expense
 
15,804

Finance lease cost:
 
 
 
 
   Amortization of finance lease assets
 
Depreciation and amortization
 
67

   Interest on finance lease liabilities
 
Interest expense, net
 
11

Short term lease cost
 
Operating expense
 
141

Net lease cost
 
 
 
16,023

 
 
 
 
 
(a) Includes variable lease costs, which are immaterial
Lessee, Operating Lease, Liability, Maturity
Three Months Ended March 31, 2019
Maturity of Lease Liabilities
 
Operating Leases (a)
 
Finance Leases (a)
 
Total
 
 
 
 
 
 
 
2019
 
58,586

 
429

 
59,015

2020
 
59,666

 
212

 
59,878

2021
 
60,856

 
197

 
61,053

2022
 
62,075

 
100

 
62,175

2023
 
63,211

 

 
63,211

After 2023
 
305,640

 

 
305,640

Total lease payments
 
610,034

 
938

 
610,972

Less: Interest
 
(225,735
)
 
(89
)
 
(225,824
)
Present value of lease liabilities
 
384,299

 
849

 
385,148

 
 
 
 
 
 
 
(a)  Operating and Finance lease payments exclude option to extend lease terms that are not reasonably certain of being exercised.

The Company's future minimum lease commitments as of December 31, 2018, under Accounting Standards Codification Topic 840, predecessor to Topic 842, are as follows:
Twelve Months Ended December 31, 2018
Maturity of Lease Liabilities
 
Operating Leases (a)
 
Finance Leases (a)
 
Total
 
 
 
 
 
 
 
2018
 
58,291

 
454

 
58,745

2019
 
59,391

 
174

 
59,565

2020
 
60,575

 
173

 
60,748

2021
 
61,808

 
127

 
61,935

2022
 
63,065

 

 
63,065

After 2022
 
321,797

 

 
321,797

Total lease payments
 
624,927

 
928

 
625,855

 
 
 
 
 
 
 
(a)  Operating and Finance lease payments exclude option to extend lease terms that are not reasonably certain of being exercised.
Finance Lease, Liability, Maturity
Three Months Ended March 31, 2019
Maturity of Lease Liabilities
 
Operating Leases (a)
 
Finance Leases (a)
 
Total
 
 
 
 
 
 
 
2019
 
58,586

 
429

 
59,015

2020
 
59,666

 
212

 
59,878

2021
 
60,856

 
197

 
61,053

2022
 
62,075

 
100

 
62,175

2023
 
63,211

 

 
63,211

After 2023
 
305,640

 

 
305,640

Total lease payments
 
610,034

 
938

 
610,972

Less: Interest
 
(225,735
)
 
(89
)
 
(225,824
)
Present value of lease liabilities
 
384,299

 
849

 
385,148

 
 
 
 
 
 
 
(a)  Operating and Finance lease payments exclude option to extend lease terms that are not reasonably certain of being exercised.

The Company's future minimum lease commitments as of December 31, 2018, under Accounting Standards Codification Topic 840, predecessor to Topic 842, are as follows:
Twelve Months Ended December 31, 2018
Maturity of Lease Liabilities
 
Operating Leases (a)
 
Finance Leases (a)
 
Total
 
 
 
 
 
 
 
2018
 
58,291

 
454

 
58,745

2019
 
59,391

 
174

 
59,565

2020
 
60,575

 
173

 
60,748

2021
 
61,808

 
127

 
61,935

2022
 
63,065

 

 
63,065

After 2022
 
321,797

 

 
321,797

Total lease payments
 
624,927

 
928

 
625,855

 
 
 
 
 
 
 
(a)  Operating and Finance lease payments exclude option to extend lease terms that are not reasonably certain of being exercised.
Summary of Other Lease Information
Lease Term and Discount Rate
 
March 31, 2019
 
 
 
Weighted-average remaining lease term (years)
 
 
   Operating leases
 
9.77
   Finance leases
 
2.62
Weighted-average discount rate
 
 
   Operating leases
 
9.9%
   Finance leases
 
6.60%

Other Information
 
Three Months Ended
 
 
March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities
 
 
   Operating cash flows from operating leases
 
$
14,516

   Operating cash flows from finance leases
 
$
11

   Financing cash flows from finance leases
 
$
132

Acquisition of operating leases through adoption of ASC 842

 
$
389,403