Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2019

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases

Future minimum rental commitments under non-cancelable leases in effect at December 31, 2018 are as follows:

(In thousands)
2019	$	5,571
2020	5,684
2021	4,777
2022	1,659
2023	1,691
Thereafter	2,852
	$	22,234

Lessee, Operating Lease, Liability, Maturity

As of June 30, 2019, the Company’s future undiscounted minimum cash payment obligations for its operating lease liabilities are as follows:

(In thousands)	Year Ending December 31,
2019 (excluding the six months ended June 30, 2019)	$	5,302
2020	4,549
2021	4,575
2022	4,577
2023	4,613
Thereafter	29,824
Total undiscounted lease payments	53,440
Present value adjustment	(13,861		)
Net operating lease liabilities	$	39,579

Supplemental cash flow information related to leases

Supplemental cash flow information related to leases was as follows:

(In thousands)	Three Months Ended   June 30, 2019		Six Months Ended   June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,124	$	2,247
Investing cash flows from operating leases	$	1,811	$	3,602

Weighted-average remaining lease and weighted-average discount rate for operating leases

Information regarding the weighted-average remaining lease term and the weighted-average discount rate for operating leases is summarized below:

	June 30, 2019
Weighted-average remaining lease term (in years)
Operating leases	11.7
Weighted-average discount rate
Operating leases	4.9	%