Leases

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Leases

LEASES

The following tables present information about operating leases.

(in thousands)	Mar 31, 2019		Jan 1, 2019
Assets:
Operating lease assets	$	182,311	$	184,648
Total lease assets	$	182,311	$	184,648
Liabilities:
Current
Operating	$	20,001	$	20,318
Noncurrent
Operating	166,453		170,190
Total lease liabilities	$	186,454	$	190,508

	Three Months Ended
(in thousands)	Mar 31, 2019
Lease Cost:
Operating lease cost	$	7,003
Short-term lease cost	19,089
Net lease cost	$	26,092

	Mar 31, 2019		Jan 1, 2019
Lease Term and Discount Rate:
Weighted-average remaining lease terms (years)	8.9		9.2
Weighted-average discount rate	6.9	%	6.9	%

Future maturities of lease liabilities under all of our operating leases are as follows:

12 Months ended March 31,
(in thousands)
2020	$	29,116
2021	26,234
2022	26,540
2023	23,458
2024	20,885
Thereafter	156,653
Total lease payments	282,886
Less: Interest	(96,432		)
Present value of lease liabilities	$	186,454

Leases

LEASES

The following tables present information about operating leases.

(in thousands)	Mar 31, 2019		Jan 1, 2019
Assets:
Operating lease assets	$	182,311	$	184,648
Total lease assets	$	182,311	$	184,648
Liabilities:
Current
Operating	$	20,001	$	20,318
Noncurrent
Operating	166,453		170,190
Total lease liabilities	$	186,454	$	190,508

	Three Months Ended
(in thousands)	Mar 31, 2019
Lease Cost:
Operating lease cost	$	7,003
Short-term lease cost	19,089
Net lease cost	$	26,092

	Mar 31, 2019		Jan 1, 2019
Lease Term and Discount Rate:
Weighted-average remaining lease terms (years)	8.9		9.2
Weighted-average discount rate	6.9	%	6.9	%

Future maturities of lease liabilities under all of our operating leases are as follows:

12 Months ended March 31,
(in thousands)
2020	$	29,116
2021	26,234
2022	26,540
2023	23,458
2024	20,885
Thereafter	156,653
Total lease payments	282,886
Less: Interest	(96,432		)
Present value of lease liabilities	$	186,454