Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Schedule of cumulative effects

The cumulative effects of the changes made to the Company’s January 1, 2019 consolidated balance sheet were as follows (in thousands):

	December 31, 2018			Adjustments Due to Adoption of New Leasing Standard			January 1, 2019
Assets
Other current assets	$	4,103		$	188		$	4,291
Property and equipment, net	61,511			(25,461		)	36,050
Operating lease right-of-use assets	—			42,010			42,010
Other assets	7,228			147			7,375
Liabilities
Operating lease liabilities, current	$	—		$	6,498		$	6,498
Accrued expenses and other current liabilities	10,908			(2,637		)	8,271
Lease financing obligation, net of current portion	22,987			(22,987		)	—
Operating lease liabilities, net of current portion	—			43,351			43,351
Other liabilities	9,290			(3,651		)	5,639
Stockholders’ Equity
Accumulated deficit	$	(373,482	)	$	(3,690	)	$	(377,172	)

Lease costs

For the three and nine months ended September 30, 2019, the Company recorded operating lease costs, excluding subleases, that were included in the condensed consolidated statements of comprehensive loss as follows (in thousands):

Operating lease costs recorded within:	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
Cost of revenue	$	186	$	578
Sales and marketing	433		1,314
Technology and development	611		1,861
General and administrative	904		2,668
Total operating lease costs	$	2,134	$	6,421

Future minimum payments under non-cancellable lease obligations

Future undiscounted lease payments for the Company’s operating lease liabilities, a reconciliation of these payments to its operating lease liabilities, and related sublease income at September 30, 2019 are as follows (in thousands):

Years ended December 31,
2019 (three months remaining)	$	1,578
2020	8,523
2021	7,152
2022	7,369
2023	7,628
Thereafter	22,561
Total lease payments	$	54,811
Less: imputed interest	(10,088		)
Total lease liabilities (discounted)	$	44,723

Sublease income

Years ended December 31,	Sublease Income
2019 (three months remaining)	$	(552	)
2020	(1,282		)
Total sublease income	$	(1,834	)

Future minimum lease payments under previous guidance

As previously disclosed in the Company’s 2018 Annual Report on Form 10-K and under the previous lease accounting standard, future minimum lease payments for the Company’s operating leases at December 31, 2018, on an undiscounted basis, were as follows (in thousands):    

Years ended December 31,	Lease Commitments		Sublease Income
2019	$	9,220	$	(2,180	)
2020	8,716		(1,282		)
2021	7,145		—
2022	7,362		—
2023	7,621		—
Thereafter	22,532		—
Total minimum lease payments	$	62,596	$	(3,462	)