Leases (Tables)

3 Months Ended

Mar. 31, 2020

The table below presents the Company’s net lease cost and certain other information related to the Company’s leasing activities as of and for the periods indicated (dollars in thousands).


Description:	Three Months Ended March 31, 2020
Operating lease cost (1)	$	37,961
Variable lease cost (2)	4,403
Sublease income	(11,090)
Total lease cost, net (3)	$	31,274
Cash paid for amounts included in the measurement of operating lease liabilities	$	34,936
Cash receipts from sublease arrangements	$	9,417
Right-of-use assets obtained in exchange for new operating lease liabilities	$	14,919

(1)Included in operating lease cost was $10.6 million of costs for subleasing activities during the three months ended March 31, 2020.

(2)These amounts are primarily variable lease and nonlease costs that were not fixed at the lease commencement date or are dependent on something other than an index or a rate.

(3)The Company did not capitalize any operating lease costs during the three months ended March 31, 2020.

Supplemental balance sheet information

The table below indicates where the discounted operating lease payments from the above table are classified in the accompanying Condensed Consolidated Balance Sheet as of March 31, 2020 (in thousands).


Description:
Accounts payable and accrued liabilities	$	76,724
Operating leases - liabilities	813,883
Total operating lease liabilities per the Condensed Consolidated Balance Sheet	$	890,607