Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Lease costs

Following is information on our total lease costs as of the period(s) indicated:

	March 31, 2019
Lease cost
Finance lease cost:
Amortization of finance lease right-of-use assets	$	42
Interest expense related to finance lease liabilities	70
Operating lease cost	2,079
Variable lease cost	912
Short-term lease cost	55
Total lease cost	$	3,158
Cash paid for amounts included in the measurement of lease liabilities
Operating cash outflows for finance lease payments	$	57
Operating cash outflows for operating lease payments	3,267
Total cash paid for lease liability measurement	$	3,324
Right-of-use assets obtained in exchange for new operating lease liabilities	$	95,506
Right-of-use assets obtained in exchange for new finance lease liabilities	$	8,050
Weighted average remaining lease term - operating leases (years)	23.7
Weighted average remaining lease term - finance leases (years)	72.5
Weighted average discount rate - operating leases	4.05		%
Weighted average discount rate - finance leases	4.25		%

Undiscounted cash flows on an annual basis, operating leases

Following is information about the Company’s undiscounted cash flows on an annual basis for operating and finance leases, including a reconciliation of the undiscounted cash flows to the finance lease and operating lease liabilities recognized in the Company’s consolidated balance sheets:

	Operating			Finance			Total
Year 1	$	8,281		$	232		$	8,513
Year 2	8,353			232			8,585
Year 3	8,264			241			8,505
Year 4	7,898			255			8,153
Year 5	7,828			255			8,083
Thereafter	130,052			35,062			165,114
Total	$	170,676		$	36,277		$	206,953
Present value adjustments	(67,098		)	(31,484		)	(98,582		)
Lease liabilities	$	103,578		$	4,793		$	108,371

Undiscounted cash flows on an annual basis, finance leases

Following is information about the Company’s undiscounted cash flows on an annual basis for operating and finance leases, including a reconciliation of the undiscounted cash flows to the finance lease and operating lease liabilities recognized in the Company’s consolidated balance sheets:

	Operating			Finance			Total
Year 1	$	8,281		$	232		$	8,513
Year 2	8,353			232			8,585
Year 3	8,264			241			8,505
Year 4	7,898			255			8,153
Year 5	7,828			255			8,083
Thereafter	130,052			35,062			165,114
Total	$	170,676		$	36,277		$	206,953
Present value adjustments	(67,098		)	(31,484		)	(98,582		)
Lease liabilities	$	103,578		$	4,793		$	108,371