Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Components of Lease Expense

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

	Three Months Ended September 30, 2019 (in thousands)		Nine Months Ended September 30, 2019 (in thousands)
Operating lease cost	$	1,064	$	3,327
Variable lease cost		194		520
Total net lease cost	$	1,258	$	3,847

Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to the Company’s operating leases was as follows for the three and nine months ended September 30, 2019:

	Three Months Ended September 30, 2019 (in thousands)		Nine Months Ended September 30, 2019 (in thousands)
Cash paid for amounts included in the measurement of operating lease    liabilities	$	1,265	$	3,888
ROU assets obtained in exchange for operating lease obligations	$	35	$	35

Lease Balances within Condensed Consolidated Balance Sheet, Weighted Average Remaining Lease Term, and Weighted Average Discount Rates Related to Operating Leases

The following table presents the lease balances within the Company’s condensed consolidated balance sheet, weighted average remaining lease term, and weighted average discount rates related to the Company’s operating leases as of September 30, 2019 (in thousands):

Lease Assets and Liabilities
Assets:
Right-of-use assets from operating leases	$	18,349
Liabilities:
Operating lease liabilities - current	$	3,496
Operating lease liabilities - non-current		15,957
Total operating lease liabilities	$	19,453
Weighted average remaining lease term	4.77 years
Weighted average discount rate		6.6	%

Maturity of Operating Lease Liabilities

The following table presents the maturity of the Company’s operating lease liabilities as of September 30, 2019 (in thousands):

Remainder of 2019	$	1,259
2020		4,197
2021		3,890
2022		3,609
2023		3,460
Thereafter		6,373
Total operating lease payments		22,788
Less: imputed interest		(3,335	)
Total operating lease liabilities	$	19,453

Estimated Future Lease Payments under Non-Cancelable Operating Leases

As of December 31, 2018, the estimated future lease payments under non-cancelable operating leases as defined under the previous lease accounting guidance of ASC Topic 840, for the following five fiscal years and thereafter are as follows (in thousands):

	Operating Leases
Year ending December 31:
2019	$	4,100
2020		3,005
2021		2,590
2022		2,664
2023		2,494
Thereafter		5,929
Total minimum lease payments	$	20,782