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Leases (Tables)
9 Months Ended
Sep. 30, 2019
Lease  
Summary of operating lease assets and liabilities recorded on the balance sheet

 

 

 

 

 

 

 

 

September 30, 

 

Classification on Balance Sheet

    

2019

Assets

 

 

(in thousands)

Non-current

Right-of-use assets - operating leases

 

$

48,237

 

 

 

 

 

Liabilities

 

 

 

 

Current

Current portion of lease liabilities - operating leases

 

$

2,869

Non-current

Lease liabilities - operating leases

 

 

52,285

Total operating lease liabilities

 

 

$

55,154

 

 

 

 

 

Weighted average remaining lease term (in years)

 

 

 

13.6

 

Summary of maturities of the Company’s lease liabilities

As of September 30, 2019, the maturities of the Company’s lease liabilities were as follows:

 

 

 

 

 

    

Operating Leases

 

 

(in thousands)

2019 (remaining three months)

 

$

1,632

2020

 

 

6,450

2021

 

 

6,295

2022

 

 

6,295

2023

 

 

6,277

Thereafter

 

 

58,320

   Total minimum lease payments

 

 

85,269

Less: imputed interest

 

 

30,115

   Lease liabilities

 

$

55,154