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Leases (Tables)

3 Months Ended

Mar. 31, 2019

The components of our total lease expense for the three months ended March 31, 2019, the majority of which is included in general and administrative expense, are as follows (in thousands):

		Three Months Ended March 31, 2019
Operating lease cost	$	3,080
Variable lease expense ⁽¹⁾		1,151
Short-term lease expense ⁽²⁾		92
Sublease income		(875	)
Total lease expense	$	3,448

Short-term lease costs ⁽³⁾	$	9,164

⁽¹⁾

^{Variable lease payments that are not dependent on an index or rate are not included in the lease liability or ROU assets.}

⁽²⁾

^{Short-term lease expense represents expense related to leases with a contract term of one year or less.}

⁽³⁾

^{These short-term lease costs are related to leases with a contract term of one year or less and the majority of which are related to drilling rigs and are capitalized as part of natural gas and oil properties on our balance sheets.}

Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to our operating leases is included in the table below (in thousands):

Three Months Ended

March 31,

2019

Cash paid for amounts included in the measurement of lease liabilities

3,003

ROU assets added in exchange for lease obligations (since adoption)

187

Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to our operating leases is included in the table below (in thousands):

		March 31, 2019
Operating lease ROU assets	$	49,329
Accrued liabilities – current	$	(14,872	)
Operating lease liabilities – long-term	$	(41,759	)

Schedule of Weighted Average Remaining Lease Term and Weighted Average Discount Rate for Operating Leases

Our weighted average remaining lease term and weighted average discount rate for our operating leases are as follows (in thousands):

March 31,

2019

Weighted Average Remaining Lease Term

6.4 Years

Weighted Average Discount Rate

6.1%

Schedule of Lease Liabilities with Enforceable Contract Terms are Greater Than One year Mature

Our lease liabilities with enforceable contract terms that are greater than one year mature as follows (in thousands):

		Operating Leases
Remainder of 2019	$	14,872
2020		12,491
2021		9,618
2022		6,551
2023		6,479
Thereafter		20,113
Total lease payments	$	70,124
Less imputed interest		(13,493	)
Total lease liability	$	56,631