Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Summary of Right-of-Use Assets and Lease Liabilities

The Company has various operating leases for office space, vehicles and office equipment that expire through 2030. Its lease agreements generally do not contain any material residual value guarantees or material restrictive covenants. Below is a summary of our operating right-of-use assets and operating lease liabilities as of March 31, 2020:

	March 31, 2020
	(unaudited)
Operating right-of-use assets	$	53,808
Operating lease liabilities, current	$	8,196
Operating lease liabilities long-term	54,580
Total operating lease liabilities	$	62,776

Lessee, Operating Lease, Liability, Maturity

Minimum lease payments for our right-of-use assets over the remaining lease periods as of March 31, 2020, are as follows:

	March 31, 2020
	(unaudited)
2020	$	8,365
2021	9,679
2022	9,061
2023	8,861
2024	8,470
Thereafter	29,949
Total undiscounted lease payments	$	74,385
Less: Imputed interest	(11,609)
Present value of lease liabilities	$	62,776

Summary of Weighted Average Remaining Lease Terms and Discount Rates

The weighted average remaining lease terms and discount rates for all of operating leases were as follows as of March 31, 2020:

Remaining lease term and discount rate:
Weighted average remaining lease term (years)	5.59
Weighted average discount rate	4.03	%