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Leases
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Leases Leases
Lessee
We have operating and finance leases for corporate offices, vehicles, and certain equipment. Our leases have remaining lease terms of 1 year to 7 years, some of which include options to extend the leases and some of which include options to terminate the leases within 1 year. Operating leases are included separately in the unaudited condensed consolidated balance sheets and finance lease assets are included in property and equipment with the related liabilities included in other current liabilities and other liabilities in the condensed consolidated balance sheets.
The components of lease expense are as follows (in thousands):
Three Months Ended March 31, 2020Three Months Ended March 31, 2019
Operating lease cost$556  $326  
Finance lease cost:
Amortization of finance lease assets$183  $53  
Interest on finance lease liabilities34  33  
Total finance lease cost$217  $86  
Supplemental cash flow information related to leases was as follows (in thousands):
Three Months Ended March 31, 2020Three Months Ended March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$545  $287  
Operating cash flows from finance leases$34  $33  
Financing cash flows from finance leases$229  $184  
Right-of-use assets obtained in exchange for lease obligations
Operating leases$1,161  $323  
Finance leases$25  $145  
Supplemental balance sheet information related to leases was as follows (in thousands):
March 31,
2020
December 31,
2019
Operating lease right-of-use assets, net$5,310  $4,827  
Operating lease liabilities$2,009  $1,866  
Operating lease liabilities, net of current3,404  3,073  
Total operating lease liabilities$5,413  $4,939  
Finance lease assets$4,244  $4,541  
Finance lease accumulated amortization(1,580) (1,701) 
Finance lease assets, net$2,664  $2,840  
Finance lease liabilities$923  $934  
Finance lease liabilities, net of current1,292  1,512  
Total finance lease liabilities$2,215  $2,446  
Weighted-Average Remaining Lease Term (in years)
Operating leases3.02.9
Finance leases2.52.7
Weighted-Average Discount Rate
Operating leases5.32 %5.45 %
Finance leases6.00 %6.34 %
We are committed to making future cash payments on non-cancelable operating leases and finance leases (including interest). The future minimum lease payments due under both non-cancelable operating leases and finance leases having initial or remaining lease terms in excess of one year as of March 31, 2020 were as follows (in thousands):
 Operating
Leases
Finance
Leases
2020 (excludes the three-months ended March 31, 2020)$1,722  $770  
20211,854  989  
20221,106  466  
2023673  151  
2024 and thereafter552   
Total future minimum lease payments$5,907  $2,383  
Less amounts representing interest494  168  
Present value of lease obligations$5,413  $2,215  
Leases Leases
Lessee
We have operating and finance leases for corporate offices, vehicles, and certain equipment. Our leases have remaining lease terms of 1 year to 7 years, some of which include options to extend the leases and some of which include options to terminate the leases within 1 year. Operating leases are included separately in the unaudited condensed consolidated balance sheets and finance lease assets are included in property and equipment with the related liabilities included in other current liabilities and other liabilities in the condensed consolidated balance sheets.
The components of lease expense are as follows (in thousands):
Three Months Ended March 31, 2020Three Months Ended March 31, 2019
Operating lease cost$556  $326  
Finance lease cost:
Amortization of finance lease assets$183  $53  
Interest on finance lease liabilities34  33  
Total finance lease cost$217  $86  
Supplemental cash flow information related to leases was as follows (in thousands):
Three Months Ended March 31, 2020Three Months Ended March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$545  $287  
Operating cash flows from finance leases$34  $33  
Financing cash flows from finance leases$229  $184  
Right-of-use assets obtained in exchange for lease obligations
Operating leases$1,161  $323  
Finance leases$25  $145  
Supplemental balance sheet information related to leases was as follows (in thousands):
March 31,
2020
December 31,
2019
Operating lease right-of-use assets, net$5,310  $4,827  
Operating lease liabilities$2,009  $1,866  
Operating lease liabilities, net of current3,404  3,073  
Total operating lease liabilities$5,413  $4,939  
Finance lease assets$4,244  $4,541  
Finance lease accumulated amortization(1,580) (1,701) 
Finance lease assets, net$2,664  $2,840  
Finance lease liabilities$923  $934  
Finance lease liabilities, net of current1,292  1,512  
Total finance lease liabilities$2,215  $2,446  
Weighted-Average Remaining Lease Term (in years)
Operating leases3.02.9
Finance leases2.52.7
Weighted-Average Discount Rate
Operating leases5.32 %5.45 %
Finance leases6.00 %6.34 %
We are committed to making future cash payments on non-cancelable operating leases and finance leases (including interest). The future minimum lease payments due under both non-cancelable operating leases and finance leases having initial or remaining lease terms in excess of one year as of March 31, 2020 were as follows (in thousands):
 Operating
Leases
Finance
Leases
2020 (excludes the three-months ended March 31, 2020)$1,722  $770  
20211,854  989  
20221,106  466  
2023673  151  
2024 and thereafter552   
Total future minimum lease payments$5,907  $2,383  
Less amounts representing interest494  168  
Present value of lease obligations$5,413  $2,215