COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Schedule of Lease Expense Components and Other Information Related to Leases

The components of lease expense for the year ended December 31, 2019 were as follows (in thousands):

	Year Ended December 31,
	2019
Fixed operating lease costs	$	29,422
Variable operating lease costs	5,737
Short term lease costs	2,512
Sublease income	(3,381)
Finance lease costs
Amortization of finance right-of-use assets	5,029
Interest on finance lease liabilities	—
Total lease costs	$	39,319

Other information related to leases was as follows:

	December 31, 2019
Weighted Average Remaining Lease Term:
Operating leases	4.5 years
Finance leases	0.7 years
Weighted Average Discount Rate:
Operating leases	4	%
Finance leases	—	%

Cash flows related to leases were as follows (in thousands):

	Year Ended December 31,
	2019
Cash flows from operating activities:
Payments for operating lease liabilities	$	33,340
Cash flows from financing activities:
Principal payments on finance lease obligation	$	5,029
Supplemental Cash Flow Data:
Right-of-use assets obtained in exchange for operating lease obligations	$	40,555

Future Minimum Lease Payments under Non-Cancelable Operating Leases

Future minimum lease payments under non-cancelable operating leases (with initial lease terms in excess of one year) and future minimum finance lease payments as of December 31, 2019 are as follows (in thousands):

	Finance		Operating
Year:
2020	$	2,446	$	42,173
2021	—		65,503
2022	—		68,106
2023	—		62,847
2024	—		43,058
Thereafter	—		253,091
Total	$	2,446	$	534,778
Less: amount representing interest	—		13,494
Less: leases executed but not yet commenced	—		383,669
Less: lease incentives and transfer to held for sale	—		1,510
Total	$	2,446	$	136,105

Future Minimum Finance Lease Payments

Future minimum lease payments under non-cancelable operating leases (with initial lease terms in excess of one year) and future minimum finance lease payments as of December 31, 2019 are as follows (in thousands):

	Finance		Operating
Year:
2020	$	2,446	$	42,173
2021	—		65,503
2022	—		68,106
2023	—		62,847
2024	—		43,058
Thereafter	—		253,091
Total	$	2,446	$	534,778
Less: amount representing interest	—		13,494
Less: leases executed but not yet commenced	—		383,669
Less: lease incentives and transfer to held for sale	—		1,510
Total	$	2,446	$	136,105