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Leased Property
3 Months Ended
Mar. 31, 2020
Leased Property  
Leased Property

 

5. Leased Property

 

Leased property at March 31, 2020 and December 31, 2019 consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

    

March 31,

    

December 31,

 

 

 

2020

 

2019

 

Right of use assets - operating

 

$

209,924

 

$

198,068

 

Right of use assets - finance

 

 

41,475

 

 

41,475

 

Capitalized costs of lessor assets

 

 

44,107

 

 

41,465

 

Less: accumulated depreciation

 

 

(42,704)

 

 

(36,268)

 

Leased property, net

 

$

252,802

 

$

244,740