XML 40 R27.htm IDEA: XBRL DOCUMENT v3.19.1
LEASES (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Summary of Costs Included in Operating Expenses Related to Leases

The below table summarizes our costs included in operating expenses related to leases we have entered into through March 31, 2019:

Lease Cost

 

For the Three Months Ended March 31,

 

Operating lease cost

 

$

9,290

 

Variable lease cost

 

 

5,047

 

Total

 

$

14,337

 

Summary of Future Lease Payments for Non-cancellable Operating Leases and Reconciliation to Carrying Amount of Operating Lease Liability

Future lease payments for non-cancellable operating leases as of March 31, 2019 and a reconciliation to the carrying amount of the operating lease liability presented in the condensed consolidated balance sheet as of March 31, 2019 is as follows:

Year Ending December 31,

 

 

 

 

2019 (excluding the three months ended March 31, 2019)

 

$

11,125

 

2020

 

 

34,530

 

2021

 

 

35,776

 

2022

 

 

35,880

 

2023

 

 

35,575

 

2024

 

 

34,674

 

2025 and thereafter

 

 

356,211

 

Total undiscounted payments due under non-cancellable operating leases

 

 

543,771

 

Less imputed interest

 

 

(244,494

)

Total

 

$

299,277

 

 

 

 

 

 

Current operating lease liability

 

$

16,977

 

Non-current operating lease liability

 

 

282,300

 

Total

 

$

299,277

 

Future Minimum Payments Under Non-cancelable Leases

Under the prior lease guidance, minimum payments under our non-cancelable facility leases, as of December 31, 2018, were approximately as follows, in thousands:

Year Ending December 31,

 

 

 

 

2019

 

$

32,228

 

2020

 

 

34,826

 

2021

 

 

34,410

 

2022

 

 

34,826

 

2023

 

 

35,270

 

Thereafter

 

 

390,455

 

Total

 

$

562,015