LEASES (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Balance Sheet Information

Balance sheet information related to our leases is presented below:

	Balance Sheet location	September 30, 2019		January 1, 2019		December 31, 2018
Operating leases:
Right-of-use lease assets	Right-of-use operating lease assets	$	282,746	$	274,292	$	—
Right-of-use lease liability, current	Other current liabilities	38,104		48,033		—
Right-of-use lease liability, long-term	Right-of-use operating lease liability	270,564		251,867		—
Finance leases:
Right-of-use lease assets	Property, plant and equipment	49,380		30,891		30,891
Right-of-use lease liability, current	Current portion of long-term debt	12,117		5,928		5,928
Right-of-use lease liability, long-term	Long-term debt	34,972		19,262		19,262

Lease Expense

The following provides details of the Company's lease expense:

	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
Operating lease expense, net	$	15,038	$	45,264
Finance lease expense:
Amortization of assets	2,538		5,730
Interest on lease liabilities	520		1,266
Total finance lease expense	3,058		6,996
	$	18,096	$	52,260

Other Lease Information

Other information related to leases is presented below:

	As of September 30, 2019
Right-of-use assets acquired in exchange for operating lease obligations	$	47,232
Cash Paid For Amounts Included In Measurement of Liabilities:
Operating cash flows from finance leases	1,266
Operating cash flows from operating leases	48,550
Weighted Average Remaining Lease Term:
Operating leases	9.5 years
Finance leases	3.9 years
Weighted Average Discount Rate:
Operating leases	6.02		%
Finance leases	5.39		%

Finance Lease Future Annual Payments

now in force, are as follows:

	Financing leases			Operating leases
2019 (excluding the nine months ended September 30, 2019)	$	3,069		$	11,702
2020	15,100			51,110
2021	13,780			46,026
2022	10,796			47,496
2023	5,788			37,376
Thereafter	3,626			219,862
Total future minimum lease payments, undiscounted	52,159			413,572
Less: Imputed interest	(5,070		)	(104,904		)
Present value of future minimum lease payments	$	47,089		$	308,668

The following table presents the Company’s unadjusted lease commitments as of December 31, 2018 as a required disclosure for companies adopting the lease standard prospectively without revising comparative period information.

	Financing leases		Operating leases
2019	$	5,928	$	47,905
2020	5,087		50,356
2021	3,969		43,362
2022	4,146		34,882
2023	3,828		25,234
Thereafter	2,232		167,941

Operating Lease Lease Future Annual Payments

The minimum future annual payments under non-cancellable leases during the next five years and thereafter, at rates now in force, are as follows:

	Financing leases			Operating leases
2019 (excluding the nine months ended September 30, 2019)	$	3,069		$	11,702
2020	15,100			51,110
2021	13,780			46,026
2022	10,796			47,496
2023	5,788			37,376
Thereafter	3,626			219,862
Total future minimum lease payments, undiscounted	52,159			413,572
Less: Imputed interest	(5,070		)	(104,904		)
Present value of future minimum lease payments	$	47,089		$	308,668

The following table presents the Company’s unadjusted lease commitments as of December 31, 2018 as a required disclosure for companies adopting the lease standard prospectively without revising comparative period information.

	Financing leases		Operating leases
2019	$	5,928	$	47,905
2020	5,087		50,356
2021	3,969		43,362
2022	4,146		34,882
2023	3,828		25,234
Thereafter	2,232		167,941