Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2019

Adoption of ASC 842 impacted the Company’s results on January 1, 2019, as follows (in thousands):


			Adjustments due
	December 31, 2018		to ASC 842		January 1, 2019
Operating lease ROU assets (1) (2) (4)	$	—	$	214,000	$	214,000

Current portion of operating lease liabilities (3)	$	—	$	20,883	$	20,883
Accounts payable and accrued expenses (1)		525,863		(367)		525,496
Operating lease liabilities (3)		—		199,857		199,857
Other non-current liabilities (4)		6,581		(6,373)		208
Total	$	532,444	$	214,000	$	746,444

(1)

Represents the reclassification of deferred rent, unfavorable leases and lease incentives to operating lease ROU assets.

(2)

Represents capitalization of operating lease assets.

(3)

Represents recognition of operating lease liabilities.

(4)

Represents reclassification of deferred rent, unfavorable leases and lease incentives to operating lease ROU assets.