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Commitments and Contingencies (Tables)
9 Months Ended
Sep. 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 September 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 nine months ended September 30, 2019)
 
$
2,419

2020
 
4,819

2021
 
4,755

2022
 
4,577

2023
 
4,613

Thereafter
 
29,824

Total undiscounted lease payments
 
51,007

Present value adjustment
 
(13,401
)
Net operating lease liabilities
 
$
37,606


Supplemental cash flow information related to leases
Supplemental cash flow information related to leases was as follows:
(In thousands)
 
Three Months Ended 
 September 30, 2019
 
Nine Months Ended 
 September 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
 
 
 
 
Operating cash flows from operating leases
 
$
1,149

 
$
3,395

Investing cash flows from operating leases
 
$
1,831

 
$
5,433


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:
 
 
September 30, 2019
Weighted-average remaining lease term (in years)
 
 
Operating leases
 
11.9

Weighted-average discount rate
 
 
Operating leases
 
5.0
%