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Leases Leases (Notes)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Lessee, Operating Leases [Text Block] (3)       Leases
The Company adopted the standard provided in the Financial Accounting Standards Board's Accounting Standards Update 2016-02 on January 1, 2019, using the modified retrospective transition approach. The Company has elected the package of practical expedients that allows an entity to carry forward historical accounting treatment relating to lease identification and classification for existing leases upon adoption and the practical expedient related to land easements that allows an entity to carry forward historical accounting treatment for land easements on existing agreements upon adoption. The Company has made an accounting policy election to keep leases with an initial term of 12 months or less off the Consolidated Balance Sheet. We have elected to not account for lease and non-lease components separately.
        
        The Company has contractual agreements for its corporate office lease, vehicle fleet, compressors, treating equipment, and for surface use rights. For leases with a primary term of more than 12 months, a right-of-use (“ROU”) asset and the corresponding lease liability is recorded. The Company determines at inception if an arrangement is an operating or financing lease. As of June 30, 2020, all of the Company’s leases were operating leases.
        The initial asset and liability balances are recorded at the present value of the payment obligations over the lease term. If lease terms include options to extend the lease and it is reasonably certain that the Company will exercise that option, the lease term used for capitalization includes the expected renewal periods. Most leases do not provide an implicit interest rate. Unless the lease contract contains an implicit interest rate, the Company uses its incremental borrowing rate at the time of lease inception to compute the fair value of the lease payments. The ROU asset balance and current and non-current lease liabilities are reported separately on the accompanying Condensed Consolidated Balance Sheet. Certain leases have payment terms that vary based on the usage of the underlying assets. Variable lease payments are not included in ROU assets and lease liabilities. Leases with an initial term of 12 months or less are not recorded on the balance sheet. The Company recognizes lease expense on a straight-line basis over the lease term.
        
        Lease costs represent the straight-line lease expense of ROU assets and short-term leases. The components of lease cost are classified as follows (in thousands):
Three Months Ended June 30, 2020Three Months Ended June 30, 2019Six Months Ended June 30, 2020Six Months Ended June 30, 2019
Lease Costs Included in the Asset Additions in the Condensed Consolidated Balance Sheets
Property, plant and equipment acquisitions - short-term leases$118  $2,184  $2,302  $6,168  
Property, plant and equipment acquisitions - operating leases 11  10  18  
Total lease costs in property, plant and equipment additions$123  $2,195  $2,312  $6,186  

Three Months Ended June 30, 2020Three Months Ended June 30, 2019Six Months Ended June 30, 2020Six Months Ended June 30, 2019
Lease Costs Included in the Condensed Consolidated Statements of Operations
Lease operating costs - short-term leases$650  $329  $900  $1,664  
Lease operating costs - operating leases1,433  1,084  2,870  1,138  
General and administrative, net - operating leases179  175  359  331  
Total lease cost expensed$2,262  $1,588  $4,129  $3,133  
        
The lease term and the discount rate related to the Company's leases are as follows:
June 30, 2020
Weighted-average remaining lease term (in years)1.7
Weighted-average discount rate4.7 %
        
As of June 30, 2020, the Company's future undiscounted cash payment obligation for its operating lease liabilities are as follows (in thousands):
As of June 30, 2020
2020 (Remaining)$3,573  
20213,676  
2022419  
202393  
202440  
Thereafter312  
Total undiscounted lease payments8,113  
Present value adjustment(363) 
Net operating lease liabilities$7,750  
Supplemental cash flow information related to leases was as follows (in thousands):
Six Months Ended June 30, 2020Six Months Ended June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$3,225  $1,457  
Investing cash flows from operating leases$10  $18