COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

Mar. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

Components of lease expense

For the three months ended March 31, 2020, the components of the Company’s total lease costs are as follows (in thousands):

	Three Months Ended March 31,
	2020		2019
Operating lease costs	$	769	$	768
Finance lease costs - interest	61		61
Total lease costs	$	830	$	829

Schedule of right of use assets and lease liabilities

The Company’s right-of-use assets and lease liabilities are as follows (in thousands):

	March 31, 2020		December 31, 2019
Right-of-use assets:
Operating(1)	$	4,298	$	4,863
Finance(2)	4,343		3,979
Lease liabilities:
Operating(3)	12,077		12,590
Finance	3,707		3,379

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(1)Included in other assets on the accompanying condensed consolidated balance sheets.

(2)Included in property and equipment, net on the accompanying condensed consolidated balance sheets.

(3)Included in accounts payable and accrued liabilities on the accompanying condensed consolidated balance sheets.

Maturities of finance lease liabilities

as of March 31, 2020, are as follows (in thousands):

Years Ending December 31,	Operating Leases			Finance Leases
Remainder of 2020	$	2,182		$	479
2021	2,220			585
2022	806			397
2023	552			400
2024	503			402
2025	503			429
Thereafter	77,091			2,671
Total	$	83,857		$	5,363
Total discounted lease liability	$	12,077		$	3,707
Difference between undiscounted cash flows and discounted cash flows	$	71,780		$	1,656
Weighted-average remaining lease term	45 years			11 years
Weighted-average discount rate	6.4		%	6.8		%

Maturities of operating lease liabilities

as of March 31, 2020, are as follows (in thousands):

Years Ending December 31,	Operating Leases			Finance Leases
Remainder of 2020	$	2,182		$	479
2021	2,220			585
2022	806			397
2023	552			400
2024	503			402
2025	503			429
Thereafter	77,091			2,671
Total	$	83,857		$	5,363
Total discounted lease liability	$	12,077		$	3,707
Difference between undiscounted cash flows and discounted cash flows	$	71,780		$	1,656
Weighted-average remaining lease term	45 years			11 years
Weighted-average discount rate	6.4		%	6.8		%