Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Components of Lease Expense

The following table sets forth the components of lease expense for the three months ended March 31, 2020 (in thousands):

	Three Months Ended March 31, 2020
Operating lease cost	$	1,868
Finance lease costs:
Amortization of right-of-use assets	373
Interest on lease liabilities	51
Short-term lease cost	185
Variable lease cost	183
Total	$	2,660

Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases as of March 31, 2020 was as follows (in thousands, except for lease term and discount rate):

	As of
	March 31, 2020
Operating Leases
Operating right-of-use assets	$	23,340
Operating lease liabilities, current	$	3,755
Operating lease liabilities, net of current portion	44,778
Total operating lease liabilities	$	48,533
Finance Leases
Property and equipment, at cost	$	4,471
Accumulated depreciation	(1,073)
Property and equipment, net	$	3,398
Finance lease liabilities, current	$	1,466
Finance lease liabilities, net of current portion	1,998
Total finance lease liabilities	$	3,464
Weighted Average Remaining Lease Term (in years)
Operating leases	11.2
Finance leases	2.3
Weighted Average Discount Rate
Operating leases	9.9		%
Finance leases	5.5		%

Supplemental Cash Flow Information

Supplemental cash flow information related to leases for the three months ended March 31, 2020 was as follows (in thousands):

	Three Months Ended March 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows for operating leases	$	772
Operating cash outflows for finance leases	51
Financing cash outflows for finance leases	357

Maturities of Operating Lease Liabilities

A summary of our future minimum lease commitments under non-cancellable leases as of March 31, 2020 is as follows (in thousands):

	Operating Leases		Finance Leases
2020 (excluding the three months ended March 31, 2020)	$	2,491	$	1,215
2021	7,427		1,620
2022	8,059		859
2023	8,144		—
2024	8,526		—
2025	9,224		—
Thereafter	57,380		—
Total lease payments	101,251		3,694
Less: imputed interest	(52,718)		(230)
Total	$	48,533	$	3,464

Maturities of Finance Lease Liabilities

A summary of our future minimum lease commitments under non-cancellable leases as of March 31, 2020 is as follows (in thousands):

	Operating Leases		Finance Leases
2020 (excluding the three months ended March 31, 2020)	$	2,491	$	1,215
2021	7,427		1,620
2022	8,059		859
2023	8,144		—
2024	8,526		—
2025	9,224		—
Thereafter	57,380		—
Total lease payments	101,251		3,694
Less: imputed interest	(52,718)		(230)
Total	$	48,533	$	3,464