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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of Impact to the Consolidated Balance Sheets The impact to the consolidated balance sheets for the opening balances is as follows:

 

 

 

December 31, 2018

 

 

Impact of adoption

of ASC 842

 

 

January 1, 2019

 

Operating lease assets

 

$

 

 

$

13,737

 

 

$

13,737

 

Accrued expenses and other current liabilities

 

$

15,207

 

 

$

(1,768

)

 

$

13,439

 

Operating lease liabilities

 

$

 

 

$

4,285

 

 

$

4,285

 

Lease incentive obligation, net of current

   portion

 

$

6,776

 

 

$

(6,776

)

 

$

 

Deferred rent

 

$

2,216

 

 

$

(2,216

)

 

$

 

Operating lease liabilities, net of current

   portion

 

$

 

 

$

20,212

 

 

$

20,212

 

 

Summary of Future Undiscounted Cash Inflows Under the Sublease

As of December 31, 2019, future undiscounted cash inflows under the sublease are as follows:

 

Year Ending December 31,

 

 

 

 

2020

 

$

1,248

 

2021

 

 

633

 

Total

 

$

1,881

 

Summary of Operating Lease Assets and Liabilities

The following table summarizes the presentation in the Company’s consolidated balance sheets of its operating leases:

 

 

As of

December 31, 2019

 

Assets:

 

 

 

 

Operating lease assets

 

$

11,356

 

 

 

 

 

 

Liabilities:

 

 

 

 

Operating lease liabilities

 

$

4,456

 

Operating lease liabilities, net of current portion

 

 

15,676

 

Total operating lease liabilities

 

$

20,132

 

 

Summary of Lease Costs

The following table summarizes the effect of lease costs in the Company’s consolidated statement of operations and comprehensive loss:

 

 

 

For the Year Ended

 

 

 

December 31, 2019

 

Operating lease costs

 

$

4,532

 

Short-term lease costs

 

 

1,878

 

Variable lease costs

 

 

3,022

 

Sublease income

 

 

(890

)

Total lease costs

 

$

8,542

 

Schedule of Future Payments of Operating Lease Liabilities

As of December 31, 2019, future payments of operating lease liabilities are as follows (in thousands):

 

 

 

As of

December 31, 2019

 

2020

 

 

6,302

 

2021

 

 

6,461

 

2022

 

 

6,390

 

2023

 

 

5,157

 

2024 and thereafter

 

 

 

Total future payments of operating lease liabilities

 

$

24,310

 

Less: imputed interest

 

 

(4,178

)

Present value of operating lease liabilities

 

$

20,132

 

Summary of Future Minimum Lease Payments Under Operating Leases

The future minimum lease payments under the Company’s operating leases as of December 31, 2018, were as follows (in thousands):

 

 

 

As of

December 31, 2018

 

2019

 

$

6,342

 

2020

 

 

6,120

 

2021

 

 

6,221

 

2022

 

 

6,372

 

2023

 

 

5,158

 

2024 and thereafter

 

 

 

Total future minimum lease payments

 

$

30,213