Label	Element	Value
Deferred Rent Credit	us-gaap_DeferredRentCredit	$ 1,300,000
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	32,777,000	[1]
Retained Earnings [Member]
Prior Period Reclassification Adjustment	us-gaap_PriorPeriodReclassificationAdjustment	$ 397,000	[2]

[1] Represents adjustment needed to reflect the opening balance of the Company's Right of Use ("ROU") assets and lease liabilities pursuant to the adoption of Accounting Standards Update 2016-02 effective January 1, 2019. Upon adoption, the Company recognized on its balance sheet ROU assets of approximately 32.8 million, with a corresponding operating lease liability of approximately 34.1 million, with an adjustment to remove the Company's existing deferred rent liability of approximately 1.3 million.

[2] Represents adjustment needed to reflect the cumulative impact on retained earnings for reclassification of the income tax effects attributable to accumulated other comprehensive income, as a result of the Tax Cuts and Jobs Act of 2017. Pursuant to the Company's adoption of Accounting Standards Update 2018-02, the Company has elected to reclassify amounts stranded in other comprehensive income to retained earnings.