Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases

Summary of components of lease cost

The components of lease cost for the three and nine months ended September 30, 2019 are as follows (in thousands):

	Three months ended		Nine months ended
	September 30, 2019		September 30, 2019
Lease cost
Operating lease cost	$	12,250	$	32,802
Short-term lease cost		934		5,174
Variable lease cost (1)		3,565		9,908
Total lease cost	$	16,749	$	47,884

(1) Variable components of the lease payments such as utilities, taxes and insurance, parking and maintenance costs.

Schedule of balance sheet of leases

Amounts reported in the condensed consolidated balance sheet as of September 30, 2019 are as follows (in thousands):

	As of September 30, 2019
Operating Leases:
Operating lease right-of-use assets	$	206,096
Operating lease liabilities	$	186,680
Current portion of operating lease liabilities		28,059
Total operating lease liabilities	$	214,739
Weighted-average remaining lease term
Operating leases		7.33	Years
Weighted-average discount rate
Operating leases		8.12	%

Schedule of cash flow information related to operating leases

	As of September 30, 2019
Operating Leases:
Operating lease right-of-use assets	$	206,096
Operating lease liabilities	$	186,680
Current portion of operating lease liabilities		28,059
Total operating lease liabilities	$	214,739
Weighted-average remaining lease term
Operating leases		7.33	Years
Weighted-average discount rate
Operating leases		8.12	%

Cash flow information related to operating leases for the three and nine months ended September 30, 2019 are as follows (in thousands):

	Three months ended		Nine months ended
	September 30, 2019		September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	11,381	$	31,341

Summary of maturities of lease liabilities

	Three months ended		Nine months ended
	September 30, 2019		September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	11,381	$	31,341

Future minimum lease payments under non-cancellable leases as of the period ended September  30, 2019 are as follows (in thousands):

2019 (excluding the nine months ended September 30, 2019)	$	11,359
2020		43,716
2021		39,954
2022		36,394
2023		32,429
Thereafter		124,601
Total undiscounted lease payments		288,453
Less: imputed interest		(73,714)
Total lease liabilities	$	214,739

Schedule of future minimum rental payments under non-cancelable retail operating leases with lease terms in excess of one year prior to adoption of ASC 842

As of December 31, 2018, for the period prior to adoption of ASC 842, the future minimum rental payments under non-cancelable operating leases with lease terms in excess of one year were as follows (in thousands):

2019	$	44,295
2020		39,771
2021		37,722
2022		35,554
2023		31,110
Thereafter		125,863
Total	$	314,315