Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Lessee, Operating Lease, Liability, Maturity

The undiscounted aggregate minimum future rental payments are as follows:

	As of
	March 31,		December 31,
	2020		2019
	(in thousands)
	(unaudited)
2020 (remainder)	$	11,516	$	15,789
2021	13,040		13,374
2022	11,512		11,795
2023	10,274		10,523
2024	9,403		9,602
Thereafter	88,714		88,757
Total lease payments	$	144,459	$	149,840
Less: minimum future rental payments for which the lease has not commenced (1)	(115,870)		(115,870)
Total lease payments for which the Company has a right-of use-asset and corresponding liability	28,589		33,970
Less: Interest	(2,700)		(3,220)
Present value of operating lease liabilities	$	25,889	$	30,750

Lease, Cost

The weighted average remaining lease term and weighted average discount rate of our operating leases are as follows:

	As of
	March 31,		December 31,
	2020		2019
	(unaudited)
Weighted average remaining lease term in years, including the lease for which the right to use has not commenced	12.2		12.1
Weighted average discount rate	5.8	%	5.8	%