Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Other Commitments [Table Text Block]

Such arrangements represent further commitments of approximately $81.1 million as follows:

Year	Commitments
	(in thousands)
2020 (Remaining nine months)	$	17,964
2021	22,490
2022	20,558
2023	20,053
Thereafter	—
Total	$	81,065

Finance Lease, Liability, Maturity [Table Text Block]

At March 31, 2020, the maturity of lease liabilities under Topic 842 are as follows:

Year	Operating Leases			Financing Leases			Total
	(in thousands)
2020 (Remaining nine months)	$	4,875		$	148		$	5,023
2021	4,814			190			5,004
2022	3,491			160			3,651
2023	2,870			99			2,969
2024	1,510			77			1,587
Thereafter	1,505			—			1,505
Total	19,065			674			19,739
Less: present value discount*	(2,628		)	(77		)	(2,705		)
Present value of lease liabilities	16,437			597			17,034
Less: current portion of lease liabilities	(5,268		)	(161		)	(5,429		)
Total long-term lease liabilities	$	11,169		$	436		$	11,605
* The discount rate used was the incremental borrowing rates respective to the country where the assets are located.

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

Lease, Cost [Table Text Block]

The Company's net assets recorded under operating and finance leases were $16.6 million and $19.5 million as of March, 31, 2020, and December 31, 2019, respectively. The lease cost is recognized in our Condensed Consolidated Statement of Income in the category of General and Administrative and is summarized as follows:

	Three Months Ended
	March 31,
	2020			2019
	(in thousands)
Operating Lease Cost	$	2,082		$	2,045
Finance Lease Cost:
Amortization of Lease Assets	44			20
Interest on Lease liabilities	11			8
Finance Lease Cost	55			28
Sublease Income	(112		)	(265		)
Total Net Lease Cost	$	2,025		$	1,808

Other Operating and Finance Lease Information [Table Text Block]

Other information about lease amounts recognized in our Condensed Consolidated Statement of Income is summarized as follows:

	March 31, 2020
Weighted Average Lease Term - Operating Leases	3.8 years
Weighted Average Lease Term - Finance Leases	3.8 years
Weighted Average Discount Rate - Operating Leases	8.4	%
Weighted Average Discount Rate - Finance Leases	7.3	%

Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

At March 31, 2020, the maturity of lease liabilities under Topic 842 are as follows:

Year	Operating Leases			Financing Leases			Total
	(in thousands)
2020 (Remaining nine months)	$	4,875		$	148		$	5,023
2021	4,814			190			5,004
2022	3,491			160			3,651
2023	2,870			99			2,969
2024	1,510			77			1,587
Thereafter	1,505			—			1,505
Total	19,065			674			19,739
Less: present value discount*	(2,628		)	(77		)	(2,705		)
Present value of lease liabilities	16,437			597			17,034
Less: current portion of lease liabilities	(5,268		)	(161		)	(5,429		)
Total long-term lease liabilities	$	11,169		$	436		$	11,605
* The discount rate used was the incremental borrowing rates respective to the country where the assets are located.

Schedule Of Future Principal Debt Payments and Minimum Lease Payments Under Non-Cancelable Operating And Capital Leases [Table Text Block]

At March, 31, 2020, our lease liability of $17.0 million does not include certain arrangements, which are primarily airport leases, that do not meet the definition of a lease under Topic 842. Such arrangements represent further commitments of approximately $81.1 million as follows:

Year	Commitments
	(in thousands)
2020 (Remaining nine months)	$	17,964
2021	22,490
2022	20,558
2023	20,053
Thereafter	—
Total	$	81,065

Finance leases range from three to five years and are primarily for office equipment. Rental expense for office and airport facilities and certain equipment subject to operating leases for the three months ended March 31, 2020 and 2019 was $6.4 million and $9.2 million, respectively.