Operating Lease Liabilities (Tables)

3 Months Ended

Mar. 31, 2020

A summary of supplemental lease information is as follows:



	Three Months Ended March 31, 2020
	(in thousands)
Weighted average remaining lease term (years)	4.6
Weighted average discount rate	3.8	%

Lessee, Operating Lease, Liability, Maturity

Future minimum lease payments, net of future sublease income of $0.2 million, under operating leases as of December 31, 2019 under ASC 840, the prior lease standard, were as follows:



	Net Minimum Lease Payments
	(in thousands)
2020	$	3,908
2021	5,055
2022	5,233
2023	5,141
2024	1,756
Thereafter	3,068
Total future minimum payments	$	24,161

Maturities of operating lease liabilities as of March 31, 2020 are as follows:



	March 31, 2020
	(in thousands)
Years ending December 31,
2020 (remaining 9 months)	$	3,391
2021	5,094
2022	5,242
2023	5,213
2024	1,799
2025 and thereafter	3,071
Total lease payments	23,810
Less: imputed interest	(2,149		)
Less: tenant allowance	(3,308		)
Total operating lease liabilities	$	18,353
Reported as:
Operating lease liabilities, current (1)	$	2,877
Operating lease liabilities, noncurrent	15,476
Total operating lease liabilities	$	18,353

^{(1) Included as part of "Accrued expenses and other current liabilities" on the condensed consolidated balance sheets.}