Operating Leases

The Company maintains operating leases for its manufacturing, research and development and general operations with terms that expire from 2020 to 2030 and include renewal options to extend the lease term at the then current fair market rental for each of the lease agreements. None of the options to extend the rental term of existing leases were considered reasonably certain as of June 30, 2019. The Company’s lease agreements do not contain any material variable lease payments, material residual value guarantees or any material restrictive covenants.

The components of lease expense were as follows (in thousands):

Other information related to leases was as follows (in thousands):



	Six Months Ended June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,749

The lease term and discount rate was as follows:



	June 30, 2019
Weighted Average Remaining Lease Term (years)	7.2

Weighted Average Discount Rate	7.1	%

Future minimum lease payments under the lease agreements as of June 30, 2019 were as follows (in thousands):



Remainder of 2019	$	2,751
2020	6,064
2021	6,202
2022	6,325
2023	6,504
Thereafter	17,765
Total future minimum lease payments	$	45,611
Less: imputed interest	(11,150		)
Total	$	34,461

Disclosures related to periods prior to adoption

Future minimum lease payments under non-cancellable leases as of December 31, 2018 were as follows (in thousands):



2019	$	5,526
2020	5,560
2021	5,593
2022	5,708
2023	5,869
Thereafter	13,458
Total future minimum lease payments	$	41,714

Three Months Ended June 30, 2019

Six Months Ended June 30, 2019

Operating lease cost