Leases (Tables)

12 Months Ended

Dec. 31, 2019

The following tables illustrate the financial impact of the Company's leases as of and for the year ended December 31, 2019, along with other supplemental information about the Company's leases (in thousands, except years and percentages):



	Year Ended December 31, 2019
Components of lease expense:
Finance lease cost:
Amortization of right-of-use assets	$	4,495
Interest on lease liabilities	529
Operating lease cost:
Lease expense ⁽¹⁾	1,838
Short-term lease cost	1,787
Total lease cost	$	8,649

⁽¹⁾ Includes variable lease costs of $284 thousand for the year ended December 31, 2019.



	December 31, 2019
Components of balance sheet:
Operating leases:
Operating lease right-of-use assets (non-current)	$	6,235
Current portion of operating lease liabilities	$	1,476
Long-term operating lease liabilities, net of current portion	$	4,759
Finance leases:
Property and equipment, net	$	14,467
Current portion of long-term debt	$	4,915
Long-term debt, net of current portion and debt discount	$	5,130



	Year Ended December 31, 2019
Other supplemental information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	3,625
Operating cash flows for finance leases - interest	$	529
Financing cash flows for finance leases	$	5,038
Noncash activities from right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	7,390
Finance leases	$	2,754
Weighted-average remaining lease term:
Operating leases	7.6 years
Finance leases	3.1 years
Weighted-average discount rate:
Operating leases	7.1		%
Finance leases	5.1		%

Schedule of debt maturity

The following table summarizes the maturity of the Company's debt, operating and finance leases as of December 31, 2019 (in thousands):



	Debt			Operating Leases - Related Party			Operating Leases - Other			Finance Leases
2020	$	61,198		$	27		$	2,037		$	5,226
2021	59,800			—			1,042			3,886
2022	—			—			879			1,292
2023	—			—			749			162
2024	—			—			677			—
Thereafter	—			—			2,749			—
Total minimum payments	120,998			27			8,133			10,566
Less imputed interest	—			(1		)	(1,924		)	(521		)
Less debt discount	(2,348		)	—			—			—
Debt premium	6,000			—			—			—
Total debt and lease liabilities per balance sheet	$	124,650		$	26		$	6,209		$	10,045

Schedule of maturity of finance leases

The following table summarizes the maturity of the Company's debt, operating and finance leases as of December 31, 2019 (in thousands):



	Debt			Operating Leases - Related Party			Operating Leases - Other			Finance Leases
2020	$	61,198		$	27		$	2,037		$	5,226
2021	59,800			—			1,042			3,886
2022	—			—			879			1,292
2023	—			—			749			162
2024	—			—			677			—
Thereafter	—			—			2,749			—
Total minimum payments	120,998			27			8,133			10,566
Less imputed interest	—			(1		)	(1,924		)	(521		)
Less debt discount	(2,348		)	—			—			—
Debt premium	6,000			—			—			—
Total debt and lease liabilities per balance sheet	$	124,650		$	26		$	6,209		$	10,045

Schedule of maturity of operating leases

The following table summarizes the maturity of the Company's debt, operating and finance leases as of December 31, 2019 (in thousands):



	Debt			Operating Leases - Related Party			Operating Leases - Other			Finance Leases
2020	$	61,198		$	27		$	2,037		$	5,226
2021	59,800			—			1,042			3,886
2022	—			—			879			1,292
2023	—			—			749			162
2024	—			—			677			—
Thereafter	—			—			2,749			—
Total minimum payments	120,998			27			8,133			10,566
Less imputed interest	—			(1		)	(1,924		)	(521		)
Less debt discount	(2,348		)	—			—			—
Debt premium	6,000			—			—			—
Total debt and lease liabilities per balance sheet	$	124,650		$	26		$	6,209		$	10,045

Schedule of maturity of leases under ASC 840

Future annual minimum lease payments and capital lease commitments as of December 31, 2018 were as follows (in thousands):



	Operating Leases - Related Party		Operating Leases - Other		Capital Leases
2020	$	30	$	986	$	4,334
2021	8		946		3,375
2022	—		781		1,051
2023	—		386		—
Thereafter	—		1,350		—
Total	$	38	$	4,449	$	8,760