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Leases (Tables)
3 Months Ended
Mar. 31, 2019
Lease  
Summary of operating lease assets and liabilities recorded on the balance sheet

 

 

 

 

 

 

 

 

March 31, 

 

Classification on Balance Sheet

    

2019

Assets

 

 

(in thousands)

Non-current

Right-of-use assets - operating leases

 

$

49,317

 

 

 

 

 

Liabilities

 

 

 

 

Current

Current portion of lease liabilities - operating leases

 

$

2,761

Non-current

Lease liabilities - operating leases

 

 

53,623

Total operating lease liabilities

 

 

$

56,384

 

 

 

 

 

Weighted average remaining lease term (in years)

 

 

 

14.1

 

Summary of maturities of the Company’s lease liabilities

As of March 31, 2019, the maturities of the Company’s lease liabilities were as follows (in thousands):

 

 

 

 

 

    

Operating Leases

2019 (remaining nine months)

 

$

4,864

2020

 

 

6,404

2021

 

 

6,247

2022

 

 

6,262

2023

 

 

6,277

Thereafter

 

 

58,320

   Total minimum lease payments

 

 

88,374

Less: imputed interest

 

 

31,990

   Lease liabilities

 

$

56,384