XML 36 R26.htm IDEA: XBRL DOCUMENT v3.19.3
Leases (Tables)
9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Summary of Operating Leases

Operating leases consisted of the following at September 30, 2019:

 

Real estate facilities

 

$

162,873

 

Office equipment

 

 

1,401

 

Other

 

 

747

 

 

 

 

165,021

 

Amortization of right-of-use assets

 

 

(26,865

)

Total operating lease right-of-use assets

 

$

138,156

 

Summary of Rent Expense

 

Rent expense is recognized on a straight-line basis over the lease term.  Rent expense consists of the following:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30, 2019

 

 

September 30, 2019

 

Operating lease costs

 

$

9,256

 

 

$

26,762

 

Short-term lease costs

 

 

552

 

 

 

1,555

 

Variable lease costs

 

 

(180

)

 

 

4

 

Total rent expense

 

 

9,628

 

 

 

28,321

 

Summary of Future Minimum Lease Payments Under Non-Cancellable Leases

Future minimum lease payments under non-cancellable leases as of September 30, 2019 were as follows:

 

September 30, 2020

 

$

35,388

 

September 30, 2021

 

 

37,142

 

September 30, 2022

 

 

35,323

 

September 30, 2023

 

 

21,879

 

September 30, 2024

 

 

15,642

 

Thereafter

 

 

26,478

 

Total future minimum lease payments

 

 

171,852

 

Less:  Interest

 

 

(16,053

)

Total operating lease liabilities

 

$

155,799

 

 

 

 

 

 

Operating lease liabilities - current

 

$

30,935

 

Operating lease liabilities - non-current

 

 

124,864

 

Total operating lease liabilities

 

$

155,799

 

Summary of Other Information Related to Operating Leases

Other information related to operating leases is as follows:

 

 

 

Nine Months Ended

 

 

 

September 30, 2019

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

Operating cash flows from operating leases

 

$

27,772

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

$

28,763

 

Weighted-average remaining lease term - operating leases

 

 

5.3

 

Weighted-average discount rate - operating leases

 

 

3.7

%