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Leases
 9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
LEASES LEASES

Lessee Disclosures

Our operating leases consist primarily of leases for office space, data centers and satellite ground facilities. We recognized right-of-use assets and lease liabilities for such leases in connection with our adoption of ASC 842 as of January 1, 2019 (see Note 2). We report operating lease right-of-use assets in Operating lease right-of-use assets and we report the current and noncurrent portions of our operating lease liabilities in Accrued expenses and other and Operating lease liabilities, respectively. Our finance leases consist primarily of leases of satellite capacity. We report finance lease right-of-use assets in Property and equipment, net and we report the current and noncurrent portions of our finance lease liabilities in Current portion of long-term debt and finance lease obligations and Long-term debt and finance lease obligations, net, respectively. Our Condensed Consolidated Balance Sheets includes the following amounts for right-of-use assets and lease liabilities from our continuing operations as of September 30, 2019 (amounts in thousands):
 
 
As of
September 30, 2019
 
 
 
Right-of-use assets:
 
 
Operating
 
$
112,263

Finance
 
328,519

Total right-of-use assets
 
$
440,782

 
 
 
Lease liabilities:
 
 
Current:
 
 
Operating
 
$
15,394

Finance
 
407

Noncurrent:
 
 
Operating
 
94,332

Finance
 
793

Total lease liabilities
 
$
110,926



As of September 30, 2019, we have prepaid our obligations regarding most of our finance right-of-use assets. Finance lease assets from our continuing operations that have a corresponding liability are reported net of accumulated amortization of $50.9 million as of September 30, 2019.

The following tables detail components of lease cost and weighted average lease terms and discount rates for operating leases and finance leases from our continuing operations (amounts in thousands):
 
 
For the three months ended September 30, 2019
 
For the nine months ended September 30, 2019
 
 
 
 
 
Lease cost:
 
 
 
 
Operating lease cost
 
$
6,078

 
$
18,355

Finance lease cost:
 
 
 
 
Amortization of right-of-use assets
 
6,506

 
19,656

Interest on lease liabilities
 
46

 
135

Short-term lease cost
 
105

 
381

Variable lease cost
 
2,426

 
5,818

Total lease cost
 
$
15,161

 
$
44,345

 
 
As of
September 30, 2019
 
 
 
Lease term and discount rate:
 
 
Weighted average remaining lease term (in years):
 
 
Finance leases
 
1.90

Operating leases
 
10.09

 
 
 
Weighted average discount rate:
 
 
Finance leases
 
11.47
%
Operating leases
 
6.18
%

The following table details cash flows for operating leases and finance leases from our continuing operations (amounts in thousands):
 
 
For the three months ended September 30, 2019
 
For the nine months ended September 30, 2019
 
 
 
 
 
Cash paid for amounts included in the measurement of lease liabilities:
 
 
 
 
Operating cash flows from operating leases
 
$
5,880

 
$
17,297

Operating cash flows from finance leases
 
$
46

 
$
135

Financing cash flows from finance leases
 
$
168

 
$
505



We obtained right-of-use assets in exchange for lease liabilities of $1.1 million and $2.5 million upon commencement of operating leases for the three and nine months ended September 30, 2019, respectively.

The following table presents maturities of our lease liabilities from our continuing operations as of September 30, 2019 (amounts in thousands):
 
 
Operating Leases
 
Finance Leases
 
Total
 
 
 
 
 
 
 
Year ending December 31,
 
 
 
 
 
 
2019 (remainder)
 
$
5,988

 
$
174

 
$
6,162

2020
 
20,734

 
636

 
21,370

2021
 
17,326

 
493

 
17,819

2022
 
14,993

 
96

 
15,089

2023
 
14,073

 
—

 
14,073

After 2023
 
80,796

 
—

 
80,796

Total lease payments
 
153,910

 
1,399

 
155,309

Less: Interest
 
(44,184
)
 
(199
)
 
(44,383
)
Present value of lease liabilities
 
$
109,726

 
$
1,200

 
$
110,926



Lessor Disclosures

We report revenue from sales-type leases at the commencement date in Equipment revenue and we report periodic interest income on sales-type lease receivables in Services and other revenue. We report operating lease revenue in Services and other revenue. The following table details our lease revenue from our continuing operations as follows (amounts in thousands):
 
 
For the three months ended September 30, 2019
 
For the nine months ended September 30, 2019
 
 
 
 
 
Sales-type lease revenue:
 
 
 
 
Revenue at lease commencement
 
$
2,291

 
$
4,167

Interest income
 
206

 
716

 
 
 
 
 
Operating lease revenue
 
16,385

 
50,269

Total lease revenue
 
$
18,882

 
$
55,152



Substantially all of our net investment in sales-type leases consisted of lease receivables totaling $5.6 million as of September 30, 2019.

The following table presents maturities of our operating lease payments from our continuing operations as of September 30, 2019 (amounts in thousands):
 
 
Amounts
 
 
 
Year ending December 31,
 

2019 (remainder)
 
$
11,199

2020
 
36,154

2021
 
33,352

2022
 
31,912

2023
 
30,241

After 2023
 
151,284

Total lease payments
 
$
294,142



Property and equipment, net as of September 30, 2019 and Depreciation and amortization for the three and nine months then ended included the following amounts for assets subject to operating leases from our continuing operations (amounts in thousands):
 
 
As of
September 30, 2019
 
For the three months ended September 30, 2019
 
For the nine months ended September 30, 2019
 
 
Cost
 
Accumulated Depreciation
 
Net
 
Depreciation Expense
 
 
 
 
 
 
 
 
 
 
 
Customer premises equipment
 
$
1,322,084

 
$
(999,186
)
 
$
322,898

 
$
45,546

 
$
138,197

Satellites
 
104,620

 
(29,616
)
 
75,004

 
1,802

 
5,277

Real estate
 
47,061

 
(15,909
)
 
31,152

 
232

 
697

Total
 
$
1,473,765

 
$
(1,044,711
)
 
$
429,054

 
$
47,580

 
$
144,171
LEASES LEASES

Lessee Disclosures

Our operating leases consist primarily of leases for office space, data centers and satellite ground facilities. We recognized right-of-use assets and lease liabilities for such leases in connection with our adoption of ASC 842 as of January 1, 2019 (see Note 2). We report operating lease right-of-use assets in Operating lease right-of-use assets and we report the current and noncurrent portions of our operating lease liabilities in Accrued expenses and other and Operating lease liabilities, respectively. Our finance leases consist primarily of leases of satellite capacity. We report finance lease right-of-use assets in Property and equipment, net and we report the current and noncurrent portions of our finance lease liabilities in Current portion of long-term debt and finance lease obligations and Long-term debt and finance lease obligations, net, respectively. Our Condensed Consolidated Balance Sheets includes the following amounts for right-of-use assets and lease liabilities from our continuing operations as of September 30, 2019 (amounts in thousands):
 
 
As of
September 30, 2019
 
 
 
Right-of-use assets:
 
 
Operating
 
$
112,263

Finance
 
328,519

Total right-of-use assets
 
$
440,782

 
 
 
Lease liabilities:
 
 
Current:
 
 
Operating
 
$
15,394

Finance
 
407

Noncurrent:
 
 
Operating
 
94,332

Finance
 
793

Total lease liabilities
 
$
110,926



As of September 30, 2019, we have prepaid our obligations regarding most of our finance right-of-use assets. Finance lease assets from our continuing operations that have a corresponding liability are reported net of accumulated amortization of $50.9 million as of September 30, 2019.

The following tables detail components of lease cost and weighted average lease terms and discount rates for operating leases and finance leases from our continuing operations (amounts in thousands):
 
 
For the three months ended September 30, 2019
 
For the nine months ended September 30, 2019
 
 
 
 
 
Lease cost:
 
 
 
 
Operating lease cost
 
$
6,078

 
$
18,355

Finance lease cost:
 
 
 
 
Amortization of right-of-use assets
 
6,506

 
19,656

Interest on lease liabilities
 
46

 
135

Short-term lease cost
 
105

 
381

Variable lease cost
 
2,426

 
5,818

Total lease cost
 
$
15,161

 
$
44,345

 
 
As of
September 30, 2019
 
 
 
Lease term and discount rate:
 
 
Weighted average remaining lease term (in years):
 
 
Finance leases
 
1.90

Operating leases
 
10.09

 
 
 
Weighted average discount rate:
 
 
Finance leases
 
11.47
%
Operating leases
 
6.18
%

The following table details cash flows for operating leases and finance leases from our continuing operations (amounts in thousands):
 
 
For the three months ended September 30, 2019
 
For the nine months ended September 30, 2019
 
 
 
 
 
Cash paid for amounts included in the measurement of lease liabilities:
 
 
 
 
Operating cash flows from operating leases
 
$
5,880

 
$
17,297

Operating cash flows from finance leases
 
$
46

 
$
135

Financing cash flows from finance leases
 
$
168

 
$
505



We obtained right-of-use assets in exchange for lease liabilities of $1.1 million and $2.5 million upon commencement of operating leases for the three and nine months ended September 30, 2019, respectively.

The following table presents maturities of our lease liabilities from our continuing operations as of September 30, 2019 (amounts in thousands):
 
 
Operating Leases
 
Finance Leases
 
Total
 
 
 
 
 
 
 
Year ending December 31,
 
 
 
 
 
 
2019 (remainder)
 
$
5,988

 
$
174

 
$
6,162

2020
 
20,734

 
636

 
21,370

2021
 
17,326

 
493

 
17,819

2022
 
14,993

 
96

 
15,089

2023
 
14,073

 
—

 
14,073

After 2023
 
80,796

 
—

 
80,796

Total lease payments
 
153,910

 
1,399

 
155,309

Less: Interest
 
(44,184
)
 
(199
)
 
(44,383
)
Present value of lease liabilities
 
$
109,726

 
$
1,200

 
$
110,926



Lessor Disclosures

We report revenue from sales-type leases at the commencement date in Equipment revenue and we report periodic interest income on sales-type lease receivables in Services and other revenue. We report operating lease revenue in Services and other revenue. The following table details our lease revenue from our continuing operations as follows (amounts in thousands):
 
 
For the three months ended September 30, 2019
 
For the nine months ended September 30, 2019
 
 
 
 
 
Sales-type lease revenue:
 
 
 
 
Revenue at lease commencement
 
$
2,291

 
$
4,167

Interest income
 
206

 
716

 
 
 
 
 
Operating lease revenue
 
16,385

 
50,269

Total lease revenue
 
$
18,882

 
$
55,152



Substantially all of our net investment in sales-type leases consisted of lease receivables totaling $5.6 million as of September 30, 2019.

The following table presents maturities of our operating lease payments from our continuing operations as of September 30, 2019 (amounts in thousands):
 
 
Amounts
 
 
 
Year ending December 31,
 

2019 (remainder)
 
$
11,199

2020
 
36,154

2021
 
33,352

2022
 
31,912

2023
 
30,241

After 2023
 
151,284

Total lease payments
 
$
294,142



Property and equipment, net as of September 30, 2019 and Depreciation and amortization for the three and nine months then ended included the following amounts for assets subject to operating leases from our continuing operations (amounts in thousands):
 
 
As of
September 30, 2019
 
For the three months ended September 30, 2019
 
For the nine months ended September 30, 2019
 
 
Cost
 
Accumulated Depreciation
 
Net
 
Depreciation Expense
 
 
 
 
 
 
 
 
 
 
 
Customer premises equipment
 
$
1,322,084

 
$
(999,186
)
 
$
322,898

 
$
45,546

 
$
138,197

Satellites
 
104,620

 
(29,616
)
 
75,004

 
1,802

 
5,277

Real estate
 
47,061

 
(15,909
)
 
31,152

 
232

 
697

Total
 
$
1,473,765

 
$
(1,044,711
)
 
$
429,054

 
$
47,580

 
$
144,171
LEASES LEASES

Lessee Disclosures

Our operating leases consist primarily of leases for office space, data centers and satellite ground facilities. We recognized right-of-use assets and lease liabilities for such leases in connection with our adoption of ASC 842 as of January 1, 2019 (see Note 2). We report operating lease right-of-use assets in Operating lease right-of-use assets and we report the current and noncurrent portions of our operating lease liabilities in Accrued expenses and other and Operating lease liabilities, respectively. Our finance leases consist primarily of leases of satellite capacity. We report finance lease right-of-use assets in Property and equipment, net and we report the current and noncurrent portions of our finance lease liabilities in Current portion of long-term debt and finance lease obligations and Long-term debt and finance lease obligations, net, respectively. Our Condensed Consolidated Balance Sheets includes the following amounts for right-of-use assets and lease liabilities from our continuing operations as of September 30, 2019 (amounts in thousands):
 
 
As of
September 30, 2019
 
 
 
Right-of-use assets:
 
 
Operating
 
$
112,263

Finance
 
328,519

Total right-of-use assets
 
$
440,782

 
 
 
Lease liabilities:
 
 
Current:
 
 
Operating
 
$
15,394

Finance
 
407

Noncurrent:
 
 
Operating
 
94,332

Finance
 
793

Total lease liabilities
 
$
110,926



As of September 30, 2019, we have prepaid our obligations regarding most of our finance right-of-use assets. Finance lease assets from our continuing operations that have a corresponding liability are reported net of accumulated amortization of $50.9 million as of September 30, 2019.

The following tables detail components of lease cost and weighted average lease terms and discount rates for operating leases and finance leases from our continuing operations (amounts in thousands):
 
 
For the three months ended September 30, 2019
 
For the nine months ended September 30, 2019
 
 
 
 
 
Lease cost:
 
 
 
 
Operating lease cost
 
$
6,078

 
$
18,355

Finance lease cost:
 
 
 
 
Amortization of right-of-use assets
 
6,506

 
19,656

Interest on lease liabilities
 
46

 
135

Short-term lease cost
 
105

 
381

Variable lease cost
 
2,426

 
5,818

Total lease cost
 
$
15,161

 
$
44,345

 
 
As of
September 30, 2019
 
 
 
Lease term and discount rate:
 
 
Weighted average remaining lease term (in years):
 
 
Finance leases
 
1.90

Operating leases
 
10.09

 
 
 
Weighted average discount rate:
 
 
Finance leases
 
11.47
%
Operating leases
 
6.18
%

The following table details cash flows for operating leases and finance leases from our continuing operations (amounts in thousands):
 
 
For the three months ended September 30, 2019
 
For the nine months ended September 30, 2019
 
 
 
 
 
Cash paid for amounts included in the measurement of lease liabilities:
 
 
 
 
Operating cash flows from operating leases
 
$
5,880

 
$
17,297

Operating cash flows from finance leases
 
$
46

 
$
135

Financing cash flows from finance leases
 
$
168

 
$
505



We obtained right-of-use assets in exchange for lease liabilities of $1.1 million and $2.5 million upon commencement of operating leases for the three and nine months ended September 30, 2019, respectively.

The following table presents maturities of our lease liabilities from our continuing operations as of September 30, 2019 (amounts in thousands):
 
 
Operating Leases
 
Finance Leases
 
Total
 
 
 
 
 
 
 
Year ending December 31,
 
 
 
 
 
 
2019 (remainder)
 
$
5,988

 
$
174

 
$
6,162

2020
 
20,734

 
636

 
21,370

2021
 
17,326

 
493

 
17,819

2022
 
14,993

 
96

 
15,089

2023
 
14,073

 
—

 
14,073

After 2023
 
80,796

 
—

 
80,796

Total lease payments
 
153,910

 
1,399

 
155,309

Less: Interest
 
(44,184
)
 
(199
)
 
(44,383
)
Present value of lease liabilities
 
$
109,726

 
$
1,200

 
$
110,926



Lessor Disclosures

We report revenue from sales-type leases at the commencement date in Equipment revenue and we report periodic interest income on sales-type lease receivables in Services and other revenue. We report operating lease revenue in Services and other revenue. The following table details our lease revenue from our continuing operations as follows (amounts in thousands):
 
 
For the three months ended September 30, 2019
 
For the nine months ended September 30, 2019
 
 
 
 
 
Sales-type lease revenue:
 
 
 
 
Revenue at lease commencement
 
$
2,291

 
$
4,167

Interest income
 
206

 
716

 
 
 
 
 
Operating lease revenue
 
16,385

 
50,269

Total lease revenue
 
$
18,882

 
$
55,152



Substantially all of our net investment in sales-type leases consisted of lease receivables totaling $5.6 million as of September 30, 2019.

The following table presents maturities of our operating lease payments from our continuing operations as of September 30, 2019 (amounts in thousands):
 
 
Amounts
 
 
 
Year ending December 31,
 

2019 (remainder)
 
$
11,199

2020
 
36,154

2021
 
33,352

2022
 
31,912

2023
 
30,241

After 2023
 
151,284

Total lease payments
 
$
294,142



Property and equipment, net as of September 30, 2019 and Depreciation and amortization for the three and nine months then ended included the following amounts for assets subject to operating leases from our continuing operations (amounts in thousands):
 
 
As of
September 30, 2019
 
For the three months ended September 30, 2019
 
For the nine months ended September 30, 2019
 
 
Cost
 
Accumulated Depreciation
 
Net
 
Depreciation Expense
 
 
 
 
 
 
 
 
 
 
 
Customer premises equipment
 
$
1,322,084

 
$
(999,186
)
 
$
322,898

 
$
45,546

 
$
138,197

Satellites
 
104,620

 
(29,616
)
 
75,004

 
1,802

 
5,277

Real estate
 
47,061

 
(15,909
)
 
31,152

 
232

 
697

Total
 
$
1,473,765

 
$
(1,044,711
)
 
$
429,054

 
$
47,580

 
$
144,171
LEASES LEASES

Lessee Disclosures

Our operating leases consist primarily of leases for office space, data centers and satellite ground facilities. We recognized right-of-use assets and lease liabilities for such leases in connection with our adoption of ASC 842 as of January 1, 2019 (see Note 2). We report operating lease right-of-use assets in Operating lease right-of-use assets and we report the current and noncurrent portions of our operating lease liabilities in Accrued expenses and other and Operating lease liabilities, respectively. Our finance leases consist primarily of leases of satellite capacity. We report finance lease right-of-use assets in Property and equipment, net and we report the current and noncurrent portions of our finance lease liabilities in Current portion of long-term debt and finance lease obligations and Long-term debt and finance lease obligations, net, respectively. Our Condensed Consolidated Balance Sheets includes the following amounts for right-of-use assets and lease liabilities from our continuing operations as of September 30, 2019 (amounts in thousands):
 
 
As of
September 30, 2019
 
 
 
Right-of-use assets:
 
 
Operating
 
$
112,263

Finance
 
328,519

Total right-of-use assets
 
$
440,782

 
 
 
Lease liabilities:
 
 
Current:
 
 
Operating
 
$
15,394

Finance
 
407

Noncurrent:
 
 
Operating
 
94,332

Finance
 
793

Total lease liabilities
 
$
110,926



As of September 30, 2019, we have prepaid our obligations regarding most of our finance right-of-use assets. Finance lease assets from our continuing operations that have a corresponding liability are reported net of accumulated amortization of $50.9 million as of September 30, 2019.

The following tables detail components of lease cost and weighted average lease terms and discount rates for operating leases and finance leases from our continuing operations (amounts in thousands):
 
 
For the three months ended September 30, 2019
 
For the nine months ended September 30, 2019
 
 
 
 
 
Lease cost:
 
 
 
 
Operating lease cost
 
$
6,078

 
$
18,355

Finance lease cost:
 
 
 
 
Amortization of right-of-use assets
 
6,506

 
19,656

Interest on lease liabilities
 
46

 
135

Short-term lease cost
 
105

 
381

Variable lease cost
 
2,426

 
5,818

Total lease cost
 
$
15,161

 
$
44,345

 
 
As of
September 30, 2019
 
 
 
Lease term and discount rate:
 
 
Weighted average remaining lease term (in years):
 
 
Finance leases
 
1.90

Operating leases
 
10.09

 
 
 
Weighted average discount rate:
 
 
Finance leases
 
11.47
%
Operating leases
 
6.18
%

The following table details cash flows for operating leases and finance leases from our continuing operations (amounts in thousands):
 
 
For the three months ended September 30, 2019
 
For the nine months ended September 30, 2019
 
 
 
 
 
Cash paid for amounts included in the measurement of lease liabilities:
 
 
 
 
Operating cash flows from operating leases
 
$
5,880

 
$
17,297

Operating cash flows from finance leases
 
$
46

 
$
135

Financing cash flows from finance leases
 
$
168

 
$
505



We obtained right-of-use assets in exchange for lease liabilities of $1.1 million and $2.5 million upon commencement of operating leases for the three and nine months ended September 30, 2019, respectively.

The following table presents maturities of our lease liabilities from our continuing operations as of September 30, 2019 (amounts in thousands):
 
 
Operating Leases
 
Finance Leases
 
Total
 
 
 
 
 
 
 
Year ending December 31,
 
 
 
 
 
 
2019 (remainder)
 
$
5,988

 
$
174

 
$
6,162

2020
 
20,734

 
636

 
21,370

2021
 
17,326

 
493

 
17,819

2022
 
14,993

 
96

 
15,089

2023
 
14,073

 
—

 
14,073

After 2023
 
80,796

 
—

 
80,796

Total lease payments
 
153,910

 
1,399

 
155,309

Less: Interest
 
(44,184
)
 
(199
)
 
(44,383
)
Present value of lease liabilities
 
$
109,726

 
$
1,200

 
$
110,926



Lessor Disclosures

We report revenue from sales-type leases at the commencement date in Equipment revenue and we report periodic interest income on sales-type lease receivables in Services and other revenue. We report operating lease revenue in Services and other revenue. The following table details our lease revenue from our continuing operations as follows (amounts in thousands):
 
 
For the three months ended September 30, 2019
 
For the nine months ended September 30, 2019
 
 
 
 
 
Sales-type lease revenue:
 
 
 
 
Revenue at lease commencement
 
$
2,291

 
$
4,167

Interest income
 
206

 
716

 
 
 
 
 
Operating lease revenue
 
16,385

 
50,269

Total lease revenue
 
$
18,882

 
$
55,152



Substantially all of our net investment in sales-type leases consisted of lease receivables totaling $5.6 million as of September 30, 2019.

The following table presents maturities of our operating lease payments from our continuing operations as of September 30, 2019 (amounts in thousands):
 
 
Amounts
 
 
 
Year ending December 31,
 

2019 (remainder)
 
$
11,199

2020
 
36,154

2021
 
33,352

2022
 
31,912

2023
 
30,241

After 2023
 
151,284

Total lease payments
 
$
294,142



Property and equipment, net as of September 30, 2019 and Depreciation and amortization for the three and nine months then ended included the following amounts for assets subject to operating leases from our continuing operations (amounts in thousands):
 
 
As of
September 30, 2019
 
For the three months ended September 30, 2019
 
For the nine months ended September 30, 2019
 
 
Cost
 
Accumulated Depreciation
 
Net
 
Depreciation Expense
 
 
 
 
 
 
 
 
 
 
 
Customer premises equipment
 
$
1,322,084

 
$
(999,186
)
 
$
322,898

 
$
45,546

 
$
138,197

Satellites
 
104,620

 
(29,616
)
 
75,004

 
1,802

 
5,277

Real estate
 
47,061

 
(15,909
)
 
31,152

 
232

 
697

Total
 
$
1,473,765

 
$
(1,044,711
)
 
$
429,054

 
$
47,580

 
$
144,171