COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Sep. 30, 2019

COMMITMENTS AND CONTINGENCIES

Summary of components of lease expense

	Three Months Ended		Nine Months Ended
(In thousands)	September 30, 2019		September 30, 2019
Operating lease cost (cost resulting from lease payments)	$	1,310	$	3,702
Short-term lease cost		37		140
Total	$	1,347	$	3,842

Supplemental disclosure of cash flow information related to our operating leases

	Three Months Ended		Nine Months Ended
(In thousands)	September 30, 2019		September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,325	$	3,744
Non-cash investing and financing activities:
Right-of-use assets obtained in exchange for new operating lease liabilities (1)	$	32	$	20,147

(1) For the nine months ended September 30, 2019, this includes the amounts related to adopting ASC 842.

Summary of maturities of operating lease liabilities

Maturities of operating lease liabilities on an annual basis as of September 30, 2019 were as follows:

(In thousands)
2019	$	5,077
2020		4,592
2021		3,917
2022		3,775
2023		3,787
Thereafter		7,162
Total minimum lease payments		28,310
Imputed interest		(8,626)
Total	$	19,684

Future minimum lease payments as of December 31, 2018

The Company’s future minimum lease payments as of December 31, 2018, were as follows:

(In thousands)
2019	$	3,861
2020		5,135
2021		4,995
2022		5,027
2023		5,146
Thereafter		44,286
Total minimum lease payments	$	68,450