Lease Agreements - Company as Lessee (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Schedule of Information Related to Leases

Supplemental condensed consolidated balance sheet information related to leases as of September 30, 2019 is as follows ($ in thousands):

	Classification	September 30, 2019
Assets
Operating lease right-of-use assets	Operating lease right-of-use assets	$	75,478
Total leased assets		$	75,478
Liabilities
Operating lease liabilities	Operating lease liabilities	77,495
Total lease liabilities		$	77,495

Schedule of Components of Lease Expense

The components of lease expense for the three and nine months ended September 30, 2019 were as follows ($ in thousands):

	Three Months Ended September 30, 2019			Nine Months Ended September 30, 2019
Operating lease cost	$	1,686		$	5,059
Variable lease cost	109			622
Short-term lease cost	171			455
Sublease income	(109		)	(326		)
Total lease cost	$	1,857		$	5,810

Lease term and discount rate information for leases at September 30, 2019 are as follows:

Weighted-average of remaining lease terms (years)
Operating Leases	39
Weighted-average of discount rates
Operating Leases	4.99	%

Schedule of Maturity Analysis of Operating Lease Liabilities

A maturity analysis of lease liabilities as of September 30, 2019 are as follows ($ in thousands):

	Operating Leases
Remaining in 2019	$	1,717
2020	6,855
2021	6,877
2022	6,888
2023	6,860
Thereafter	153,258
Total lease payments	$	182,455
Less: Imputed interest	(104,960		)
Present Value of lease liabilities	$	77,495

Schedule of Future Minimum Rental Payments for Operating Leases

As of December 31, 2018, in accordance with previously applicable lease accounting guidance, ASC 840, the total minimum lease commitments under operating leases was as follows ($ in thousands):

	Future Minimum Rent
2019	$	6,811
2020	6,855
2021	6,877
2022	6,888
2023	6,860
Thereafter	153,258
	$	187,549