Leases

6 Months Ended

Jun. 30, 2020

We have operating lease arrangements for corporate offices, cellular towers, storage units and small building space. The building space is used to house infrastructure, such as transmitters, antennae and other various equipment for the Company’s wireless paging services. For leases with a term of 12 months or less, renewal terms are generally of an evergreen nature (either month-to-month or year-to-year). For leases with a term greater than 12 months, renewal terms are generally explicit and provide for one to five optional renewals consistent with the initial term. Many of our leases, with the exception of those for our corporate offices, include options to terminate the lease within one year. Variable lease payments, residual value guarantees or purchase options are not generally present in these leases.

Lease costs are included in technology operations and general and administrative expenses on the Condensed Consolidated Statements of Operations. The following table presents lease costs disaggregated by type:



	For the Three Months Ended June 30,					For the Six Months Ended June 30,
(Dollars in thousands)	2020			2019		2020		2019
Operating lease cost	$	1,392		$	1,347	$	2,774	$	2,727
Short-term lease cost	2,037			2,232		4,014		4,169
Short-term lease cost - related party⁽¹⁾	899			920		1,789		1,822
Total lease cost	$	4,328		$	4,499	$	8,577	$	8,718

Supplemental Disclosure:
Cash paid for amounts included in the measurement of lease liabilities - operating leases	$	1,362
Weighted-average remaining lease term - operating leases	5.30 years
Weighted-average discount rate - operating leases	5.33		%

⁽¹⁾A member of our Board of Directors also serves as a director for an entity that leases transmission tower sites to the Company. Refer to Note 13, "Related Parties" for additional details.

Maturities of lease liabilities as of June 30, 2020 were as follows:



For the Year Ended December 31,	(Dollars in thousands)
For the remaining six months ending December 31, 2020	$	2,806
2021	4,688
2022	3,025
2023	1,998
2024	1,493
Thereafter	3,689
Total future lease payments	17,699
Imputed interest	(2,270		)
Total	$	15,429