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Leases (Tables)
6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Summary of components of lease expense and other lease information

The components of lease expense and other lease information as of and during the three and six-month periods ended June 30, 2019 are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

June 30, 

 

June 30, 

 

2019

 

 

2019

    

 

 

 

 

 

 

 

 

Operating lease cost

$

816

 

 

$

1,356

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

 

   Operating cash flows from operating leases

$

552

 

 

$

1,103

 

 

 

 

 

 

 

 

 

Right-of-use assets obtained in exchange for new operating lease liabilities

$

 —

 

 

$

 —

 

 

Summary of balance sheet components

The components of lease expense and other lease information as of and during the six-month period ended June 30, 2019 are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 

 

    

2019

 

 

 

 

Operating lease right-of-use assets

 

$

17,109

 

 

 

 

Operating lease liabilities

 

$

17,619

 

 

 

 

Weighted-average remaining lease term - operating leases

 

 

10.7

 

 

 

 

Weighted-average discount rate - operating leases

 

 

5.88%

 

Summary of future minimum lease payments under non-cancellable leases as of March 31, 2019

 

 

 

 

 

 

 

 

 

June 30, 

 

 

December 31,

 

    

2019

 

 

2018

 

 

 

 

 

 

 

2019

 

$

786

 

$

1,889

2020

 

 

2,473

 

 

2,473

2021

 

 

2,172

 

 

2,172

2022

 

 

2,171

 

 

2,171

2023

 

 

1,885

 

 

1,885

Thereafter

 

 

15,266

 

 

15,266

Total future minimum lease payments

 

$

24,753

 

$

25,856

 

 

 

 

 

 

 

Less imputed interest

 

$

(7,134)

 

$

N/A

Total operating lease liability

 

$

17,619

 

$

N/A