Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Lease, Cost

The following table provides the components of lease expense for the periods indicated (in thousands):

	Three Months Ended
	March 31,
	2020		2019
Finance lease cost:
Amortization of ROU assets	$	553	$	245
Interest on lease liabilities	74		45
Operating lease cost	679		862
Short-term lease cost	2,503		1,965
Total lease expense	$	3,809	$	3,117

The following table provides supplemental cash flow and other information related to leases for the periods indicated (in thousands):

	Three Months Ended
	March 31,
	2020		2019
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases (1)	$	678	$	861
Operating cash flows from finance leases	105		30
Financing cash flows from finance leases	532		218
ROU assets obtained in exchange for new lease liabilities:
Finance leases	—		556
Operating leases	81		11,410

______________

(1)Amounts are included in Other operating activities on the unaudited condensed consolidated statements of cash flows.

The following table provides the lease terms and discount rates for the periods indicated:

	Three Months Ended
	March 31,
	2020		2019
Weighted-average remaining lease term (years):
Finance leases	2.78		4.21
Operating leases	4.58		5.41
Weighted-average discount rate:
Finance leases	4.9	%	4.7	%
Operating leases	5.0	%	5.0	%

Assets And Liabilities, Lessee

The following table provides supplemental balance sheet information related to leases at the dates indicated (in thousands):

	March 31,		December 31,
	2020		2019
Assets
Finance lease ROU assets (1)	$	5,830	$	6,384
Operating lease ROU assets	9,090		9,576
Liabilities
Current
Finance lease liabilities	2,193		2,167
Operating lease liabilities	2,203		2,252
Noncurrent
Finance lease liabilities	3,818		4,376
Operating lease liabilities	6,887		7,323

______________

(1)Amounts are included in Property and equipment, net on the unaudited condensed consolidated balance sheets.

Lessee, Operating Lease, Liability, Maturity

The following table provides maturities of undiscounted lease liabilities at March 31, 2020 (in thousands):

	Finance		Operating
	Lease		Lease
Remainder of 2020	$	1,818	$	2,007
2021	2,426		2,285
2022	1,492		1,942
2023	642		1,778
2024	39		1,668
Thereafter	—		443
Total lease payments	6,417		10,123
Less: Interest	(406)		(1,033)
Present value of lease liabilities	6,011		9,090
Less: Current portion of lease obligation	(2,193)		(2,203)
Total long-term lease obligation	$	3,818	$	6,887

Finance Lease, Liability, Maturity

The following table provides maturities of undiscounted lease liabilities at March 31, 2020 (in thousands):

	Finance		Operating
	Lease		Lease
Remainder of 2020	$	1,818	$	2,007
2021	2,426		2,285
2022	1,492		1,942
2023	642		1,778
2024	39		1,668
Thereafter	—		443
Total lease payments	6,417		10,123
Less: Interest	(406)		(1,033)
Present value of lease liabilities	6,011		9,090
Less: Current portion of lease obligation	(2,193)		(2,203)
Total long-term lease obligation	$	3,818	$	6,887

Schedule of Principal Contractual Commitments Outstanding Under Capital Leases

The following table provides maturities of undiscounted lease liabilities at December 31, 2019 (in thousands):

	Finance		Operating
	Lease		Lease
2020	$	2,426	$	2,660
2021	2,426		2,256
2022	1,492		1,914
2023	642		1,776
2024	37		1,668
Thereafter	—		443
Total lease payments	7,023		10,717
Less: Interest	(480)		(1,142)
Present value of lease liabilities	6,543		9,575
Less: Current portion of lease obligation	(2,167)		(2,252)
Total long-term lease obligation	$	4,376	$	7,323

Schedule of Principal Contractual Commitments Outstanding Under Operating Leases

The following table provides maturities of undiscounted lease liabilities at December 31, 2019 (in thousands):

	Finance		Operating
	Lease		Lease
2020	$	2,426	$	2,660
2021	2,426		2,256
2022	1,492		1,914
2023	642		1,776
2024	37		1,668
Thereafter	—		443
Total lease payments	7,023		10,717
Less: Interest	(480)		(1,142)
Present value of lease liabilities	6,543		9,575
Less: Current portion of lease obligation	(2,167)		(2,252)
Total long-term lease obligation	$	4,376	$	7,323