Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2019

Commitments And Contingencies Disclosure [Abstract]

Components of Operating Lease Expense and Supplemental Cash Flow Information

The following table presents the components of operating lease expense, as well as supplemental cash flow information, related to the Company’s leases:

	For the Three Months Ended March 31,
	2019
	(in thousands)
Operating lease expense1	$	583
Supplemental cash flow information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	495
Right-of-use assets obtained in exchange for lease obligations	$	3,507

1 Amounts have not been reduced by sublease income of $0.1 million recognized during the three months ended March 31, 2019.  

Information Regarding Operating Leases

The following table presents information regarding the Company’s operating leases:

	As of
	March 31, 2019
	(in thousands)
Operating lease right-of-use assets	$	14,704
Operating lease liabilities	$	15,066
Weighted-average remaining lease term (in years)		6.8
Weighted-average discount rate		4.4	%

Maturities of Lease Liabilities

The maturities of lease liabilities are as follows (in thousands):

Year Ending December 31,	Operating Leases
2019 (excluding the three months ended March 31, 2019)	$	1,881
2020		2,574
2021		2,574
2022		2,574
2023		2,596
2024		2,607
Thereafter		2,607
Total undiscounted lease payments	$	17,413
Less discount		(2,347	)
Total lease liabilities	$	15,066