Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Amounts Reported in Unaudited and Audited Condensed Consolidated Balance Sheets for Operating Leases

Amounts reported in the Company’s Unaudited Condensed Consolidated Balance Sheets as of June 30, 2020 and Audited Consolidated Balance Sheets as of December 31, 2019 for our operating leases were as follows:

	June 30, 2020		December 31, 2019
	(Amounts in Thousands)
Operating lease assets, net	$	19,825	$	21,111
Short-term operating lease liabilities (in accrued expenses)		7,402		7,234
Long-term operating lease liabilities		12,672		14,301
Total operating lease liabilities	$	20,074	$	21,535

Components of Lease Cost Reported in General and Administrative Expenses in Unaudited Condensed Consolidated Statements of Income

Components of lease cost were reported in general and administrative expenses in the Company’s Unaudited Condensed Consolidated Statements of Income as follows:

	For the Three Months Ended June 30, (Amounts in Thousands)				For the Six Months Ended June 30, (Amounts in Thousands)
	2020		2019		2020		2019
Operating lease costs	$	2,120	$	1,558	$	4,238	$	3,204
Short-term lease costs		161		96		428		160
Total lease cost	$	2,281	$	1,654	$	4,666	$	3,364

Schedule of Weighted Average Remaining Lease Terms and Discount Rates

Weighted average remaining lease terms and discount rates were as follows:

	June 30, 2020			December 31, 2019
Operating leases:
Weighted average remaining lease term		3.20			3.42
Weighted average discount rate		4.98	%		5.14	%

Summary of Remaining Operating Lease Payments

A summary of our remaining operating lease payments as of June 30, 2020 were as follows:

	Operating Leases
	(Amounts in Thousands)
Due in the 12-month period ended June 30,
2021	$	8,034
2022		6,462
2023		3,795
2024		2,140
2025		1,259
Thereafter		104
Total future minimum rental commitments		21,794
Less: Imputed interest		(1,720	)
Total lease liabilities	$	20,074

Supplemental Cash Flows Information

	For the Six Months Ended June 30, (Amounts in Thousands)
	2020		2019
Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	4,321	$	3,465
Right-of-use assets obtained in exchange for lease obligations:
Operating leases		2,441		3,743