Leases (Tables)

3 Months Ended

Mar. 31, 2020

The balance sheet classification of lease assets and liabilities was as follows:



	Balance Sheet Classification	March 31, 2020
Assets
Operating lease assets, gross	Operating lease right-of-use assets, net	$	634,441
Accumulated lease expense	Operating lease right-of-use assets, net	(87,438		)
Accumulated impairment	Operating lease right-of-use assets, net	(62,865		)
Total operating lease assets	Operating lease right-of-use assets, net	484,138
Finance lease assets, gross	Fixed assets, net	8,842
Accumulated depreciation	Fixed assets, net	(2,559		)
Total finance lease assets	Fixed assets, net	6,283
Total lease assets		$	490,421
Liabilities
Current
Operating leases	Current portion of operating lease liabilities	$	74,106
Finance leases	Current portion of long-term debt	1,920
Non-current
Operating leases	Long-term operating lease liabilities	516,681
Finance leases	Long-term debt	3,864
Total lease liabilities		$	596,571

Supplemental Cash Flow Information

The weighted average remaining lease term and weighted average discount rate were as follows:



	March 31, 2020
Weighted average remaining lease term
Operating leases	8.5 years
Finance leases	3.0 years
Weighted average discount rate
Operating leases	8.0	%
Finance leases	9.8	%

Supplemental cash flow information related to leases was as follows:



	Three months ended March 31, 2020		Three months ended March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	29,603	$	29,503
Operating cash flows from finance leases	$	612	$	54
Financing cash flows from finance leases	$	1,970	$	189
Leased assets obtained in exchange for new operating lease liabilities	$	1,548	$	17,812
Leased assets obtained in exchange for new finance lease liabilities	$	3,937	$	934

The components of lease costs were as follows:



	Statement of Operations Classification	Three Months Ended March 31, 2020			Three Months Ended March 31, 2019
Operating lease costs	Club operating	$	29,504		$	30,022
Amortization of lease assets	Depreciation and amortization	430			259
Interest on lease liabilities	Interest expense	140			54
Finance lease costs		570			313
Variable lease costs	Club operating	179			210
Sublease income	Fees and other revenue	(632		)	866
Total lease costs		$	29,621		$	31,411

Schedule of Lease Liabilities Maturity

As of March 31, 2020, the maturities of our lease liabilities were as follows:



	Operating Leases			Finance Leases			Total
2020	$	89,357		$	1,781		$	91,138
2021	111,432			2,364			113,796
2022	102,979			1,909			104,888
2023	94,679			545			95,224
2024	85,485			—			85,485
2025 and thereafter	352,563			—			352,563
Total lease payments	836,495			6,599			843,094
Less: imputed interest	(245,708		)	(815		)	(246,523		)
Lease liabilities	$	590,787		$	5,784		$	596,571

Schedule of Lease Liabilities Maturity

As of March 31, 2020, the maturities of our lease liabilities were as follows:



	Operating Leases			Finance Leases			Total
2020	$	89,357		$	1,781		$	91,138
2021	111,432			2,364			113,796
2022	102,979			1,909			104,888
2023	94,679			545			95,224
2024	85,485			—			85,485
2025 and thereafter	352,563			—			352,563
Total lease payments	836,495			6,599			843,094
Less: imputed interest	(245,708		)	(815		)	(246,523		)
Lease liabilities	$	590,787		$	5,784		$	596,571

Schedule of Future Minimum Lease Payments for Capital Leases



	Minimum Annual Rental
Year Ending December 31,
2020	$	121,113
2021	113,779
2022	104,904
2023	95,261
2024	85,540
2025 and thereafter	348,857
Total	869,454

Schedule of Future Minimum Rental Payments for Operating Leases

The Company, as landlord, leases space to third party tenants under non-cancelable operating leases and licenses. Future minimum rentals receivable under non-cancelable leases are shown in the chart below.



	Minimum Annual Rental
Year Ending December 31,
2020	$	2,301
2021	1,841
2022	1,099
2023	362
2024	258
2025 and thereafter	514
Total	6,375