Note 8 - Leases

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Leases of Lessee Disclosure [Text Block]

8. Leases

We lease premises and certain equipment under cancelable and non-cancelable leases, some of which contain renewal options under various terms. Total rental expense associated with these operating leases was

$1.7

million in 

2019

and

$1.7

 million in

2018

, net of sublease income of

$5.1

million and

$5.1

 million for the years ended

December 31, 2019

and

2018

, respectively.  During the

fourth

quarter of

2006,

we entered into a

15

-year lease for

335,372

square feet in Atlanta, Georgia (net of space which was surrendered to the landlord through our exercise of a termination option and therefore

not

included in the computed impact of adoption),

254,710

square feet of which we have subleased, and the remainder of which houses our corporate offices. In connection with this lease, we received a

$21.2

million construction allowance for the build-out of our corporate offices. We are amortizing the construction allowance as a reduction of rent expense over the term of the lease. The terms of the sublease arrangements generally coincide with the underlying lease.

The components of lease expense associated with our lease liabilities and supplemental cash flow information related to those leases were as follows:

	For the Year ended December 31,
	2019			2018
Operating lease cost, gross	$	6,875		$	6,758
Sublease income		(5,133	)		(5,080	)
Net Operating lease cost	$	1,742		$	1,678
Cash paid under operating leases, gross	$	10,080		$	9,913
Weighted average remaining lease term - months		29
Weighted average discount rate		6.9	%

As of

December 31, 2019

, maturities of lease liabilities were as follows:

	Gross Lease Payment			Payments received from Sublease			Net Lease Payment
2020	$	10,213		$	(7,115	)	$	3,098
2021		10,221			(7,315	)		2,906
2022		4,407			(3,112	)		1,295
2023		126			—			126
2024		30			—			30
Thereafter		—			—			—
Total lease payments		24,997			(17,542	)		7,455
Less imputed interest		(2,738	)
Total	$	22,259

In addition, we occasionally lease certain equipment under cancelable and non-cancelable leases, which are accounted for as capital leases in our consolidated financial statements. As of

December 31, 2019

, we had

no

material non-cancelable capital leases with initial or remaining terms of more than

one

year.