Leases and Other Commitments (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Components of Lease Expense

The following table sets forth the components of lease expense for the year ended December 31, 2019 (in thousands):

	Year Ended December 31,
	2019
Operating lease cost	$	9,733
Finance lease costs:
Amortization of right-of-use assets	700
Interest on lease liabilities	108
Short-term lease cost	462
Variable lease cost	409
Total	$	11,412

Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases as of December 31, 2019 was as follows (in thousands, except for lease term and discount rate):

	As of
	December 31, 2019
Operating Leases
Operating ROU assets	$	24,205
Operating lease liabilities, current	$	3,836
Operating lease liabilities, net of current portion	44,416
Total operating lease liabilities	$	48,252
Finance Leases
Property and equipment, at cost	$	4,475
Accumulated depreciation	(703)
Property and equipment, net	$	3,772
Finance lease liabilities, current	$	1,447
Finance lease liabilities, net of current portion	2,375
Total finance lease liabilities	$	3,822
Weighted Average Remaining Lease Term
Operating leases	11.4
Finance leases	2.5
Weighted Average Discount Rate
Operating leases	9.8		%
Finance leases	5.5		%

Supplemental Cash Flow Information

Supplemental cash flow information related to leases for the year ended December 31, 2019 was as follows (in thousands):

	Year Ended December 31,
	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows for operating leases	$	6,413
Operating cash outflows for finance leases	108
Financing cash outflows for finance leases	653
ROU assets obtained in exchange for lease obligations:
Operating leases	523
Finance leases	4,475

Maturities of Operating Lease Liabilities

The maturities of lease liabilities under non-cancelable operating and finance leases as of December 31, 2019 was as follows (in thousands):

	Operating Leases		Finance Leases
2020	$	3,781	$	1,620
2021	6,896		1,620
2022	7,007		859
2023	7,050		—
2024	7,408		—
Thereafter	57,884		—
Total lease payments	90,026		4,099
Less: imputed interest	(41,774)		(277)
Total	$	48,252	$	3,822

Maturities of Finance Lease Liabilities

The maturities of lease liabilities under non-cancelable operating and finance leases as of December 31, 2019 was as follows (in thousands):

	Operating Leases		Finance Leases
2020	$	3,781	$	1,620
2021	6,896		1,620
2022	7,007		859
2023	7,050		—
2024	7,408		—
Thereafter	57,884		—
Total lease payments	90,026		4,099
Less: imputed interest	(41,774)		(277)
Total	$	48,252	$	3,822

Summary of Future Minimum Gross and Net Lease Commitments

A summary of our future minimum lease commitments and other commitments by year as of December 31, 2018 was as follows (in thousands):

	Office Leases		Equipment Leases		Lease Related Commitments
2019	$	6,985	$	216	$	29,587
2020	6,371		22		—
2021	8,331		—		—
2022	6,939		—		—
2023	6,987		—		—
Thereafter	65,151		—		—
	100,764		238		29,587
Less: tenant improvement allowance	—		—		(14,441)
Total	$	100,764	$	238	$	15,146