Lease Accounting (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Components of Lease Expense

The components of lease expense for the three and nine month periods ended September 30, 2019 are as follows (in thousands):

	Three months ended September 30,		Nine months ended September 30,
	2019		2019
Operating lease cost	$	17,849	$	54,188
Variable and short term lease cost (a)		9,811		26,132
Total lease cost	$	27,660	$	80,320
Finance lease cost:
Amortization of right-of-use-assets	$	481	$	1,444
Interest on lease liabilities		464		1,422
Total finance lease cost	$	945	$	2,866

(a) Includes equipment, month-to-month and leases with a maturity of less than 12 months.

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases for the nine month period ended September 30, 2019 are as follows (in thousands):

	Nine months ended September 30,
	2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	79,598
Operating cash flows from finance leases	$	1,589
Financing cash flows from finance leases	$	1,435
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	364,453
Finance leases	0

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases as of September 30, 2019 are as follows (in thousands):

	September 30,
	2019
Operating Leases
Right of use assets-operating leases	$	329,328
Operating lease liabilities	$	55,080
Operating lease liabilities noncurrent		274,248
Total operating lease liabilities	$	329,328
Finance Leases
Property and equipment	$	23,250
Accumulated depreciation		(10,844	)
Property and equipment, net	$	12,406
Current maturities of long-term debt	$	1,591
Long-term debt		16,790
Total finance lease liabilities	$	18,381
Weighted Average remaining lease term, years
Operating leases		9.9
Finance leases		7.5
Weighted Average discount rate
Operating leases		4.7	%
Finance leases		10.4	%

Future Maturities of Lease Liabilities

Future maturities of lease liabilities as of September 30, 2019 are as follows (in thousands):

	Operating Leases			Finance Leases
Year ending December 31,
2019 (remaining 3 months)	$	17,887		$	826
2020		66,595			3,375
2021		59,317			3,257
2022		48,633			3,559
2023		43,843			3,654
Later years		186,908			12,130
Total lease payments		423,183			26,801
less imputed interest		(93,855	)		(8,420	)
Total	$	329,328		$	18,381

Future Minimum Rental Payments Under Lease Commitments

Future minimum rental payments under lease commitments with a term of more than one year as of December 31, 2018, prior to our adoption of ASU 2016-02 are as follows (amounts in thousands):

Year	Capital Leases			Operating Leases
2019	$	3,996		$	72,353
2020		3,345			59,492
2021		3,227			48,891
2022		3,508			35,233
2023		3,624			28,839
Later years		12,070			123,039
Total minimum rental	$	29,770		$	367,847
Less: Amount representing interest		(9,829	)
Present value of minimum rental commitments		19,941
Less: Current portion of capital lease obligations		(2,128	)
Long-term portion of capital lease obligations	$	17,813