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Leases (Tables)

3 Months Ended

Mar. 31, 2019

The components of lease expense were as follows (in thousands):



	Income Statement Location	Three Months Ended March 31, 2019
Operating lease cost	Operations and maintenance	$	311
Finance lease cost:
Amortization of right-of-use asset	Depreciation, depletion and amortization	17
Interest on lease liabilities	Interest expense incurred net of amounts capitalized (including amortization of debt issuance costs, premiums and discounts)	3
Total lease cost		$	331

Lessee - Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows (in thousands):



	Balance Sheet Location	As of March 31, 2019
Assets:
Operating lease assets	Other assets, non-current	$	5,331
Finance lease assets	Other assets, non-current	481
Total lease assets		$	5,812

Liabilities:
Current:
Operating leases	Accrued liabilities	$	974
Finance leases	Accrued liabilities	92

Noncurrent:
Operating leases	Other deferred credits and other liabilities	4,563
Finance leases	Other deferred credits and other liabilities	391
Total lease liabilities		$	6,020

Lessee - Supplemental Cash Flow Information

Supplemental cash flow information related to leases was as follows (in thousands):



	Three Months Ended March 31, 2019
Cash paid included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	246
Operating cash flows from finance lease	$	3
Financing cash flows from finance lease	$	15
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	2,328
Finance leases	$	—

Lessee - Supplemental Weighted Average Schedule



	As of March 31, 2019
Weighted average remaining lease term (years):
Operating leases	8 years
Finance leases	5 years

Weighted average discount rate:
Operating leases	4.23	%
Finance leases	4.21	%

Lessee, Operating Lease, Liability, Maturity

As of March 31, 2019, scheduled maturities of lease liabilities for future years were as follows (in thousands):



	Operating Leases		Finance Leases		Total
2019 ^(a)	$	952	$	83	$	1,035
2020	936		111		1,047
2021	820		111		931
2022	698		111		809
2023	699		110		809
Thereafter	2,653		9		2,662
Total lease payments^(b)	$	6,758	$	535	$	7,293
Less imputed interest	1,221		52		1,273
Present value of lease liabilities	$	5,537	$	483	$	6,020


(a)	Includes lease liabilities for the remaining nine months of 2019.


(b)	Lease payments exclude payments to landlords for common area maintenance, real estate taxes, and insurance.

As previously disclosed in Note 14 of the Notes to the Consolidated Financial Statements in our 2018 Annual Report on Form 10-K, prior to the adoption of ASU 2016-02, Leases (Topic 842), the future minimum payments required under operating lease agreements as of December 31, 2018 were as follows (in thousands):



	Operating Leases
2019	$	1,052
2020	464
2021	344
2022	224
2023	216
Thereafter	1,776
Total lease payments	$	4,076

Lessee - Finance Lease, Liability, Maturity

As of March 31, 2019, scheduled maturities of lease liabilities for future years were as follows (in thousands):



	Operating Leases		Finance Leases		Total
2019 ^(a)	$	952	$	83	$	1,035
2020	936		111		1,047
2021	820		111		931
2022	698		111		809
2023	699		110		809
Thereafter	2,653		9		2,662
Total lease payments^(b)	$	6,758	$	535	$	7,293
Less imputed interest	1,221		52		1,273
Present value of lease liabilities	$	5,537	$	483	$	6,020


(a)	Includes lease liabilities for the remaining nine months of 2019.

(b)

Lease payments exclude payments to landlords for common area maintenance, real estate taxes, and insurance.

Lessor Disclosure [Abstract]

Operating Lease, Lease Income

The components of lease revenue were as follows (in thousands):



	Income Statement Location	Three Months Ended March 31, 2019
Operating lease income	Revenue	$	638

Lessor - Operating and Finance Lease, Liability, Maturity

As of March 31, 2019, scheduled maturities of lease receivables for future years were as follows (in thousands):



	Operating Leases
2019 ^(a)	$	1,652
2020	2,010
2021	1,843
2022	1,793
2023	1,799
Thereafter	55,481
Total lease receivables	$	64,578

(a)

Includes lease receivables for the remaining nine months of 2019.