LEASES (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Assets and Liabilities, Leases

Leases

	Classification	June 30, 2019
Assets
Operating lease assets	Operating lease assets	$	371,289
Finance lease assets	Property and equipment, net (a)	1,167
Total leased assets		$	372,456
Liabilities
Current
Operating	Current portion of operating lease liabilities	$	23,011
Finance	Current portion of long-term debt and finance lease obligations, net	334
Noncurrent
Operating	Operating lease liabilities	356,062
Finance	Long-term debt and finance lease obligations, less current portion and deferred financing costs, net	575
Total lease liabilities		$	379,982
(a) Finance lease assets are recorded net of accumulated amortization of $1,421 as of June 30, 2019.

Lease, Cost

Lease Cost

		Three Months Ended		Six Months Ended
	Classification	June 30, 2019		June 30, 2019
Operating lease cost (a)	Lease and rent expense	$	15,802	$	31,606
Finance lease cost:
Amortization of finance lease assets	Depreciation and amortization	76		143
Interest on finance lease liabilities	Interest expense, net	15		26
Short term lease cost	Operating expense	162		303
Net lease cost		$	16,055	$	32,078
(a) Includes variable lease costs, which are immaterial

Lessee, Operating Lease, Liability, Maturity

As of June 30, 2019
	Operating Leases (a)			Finance Leases (a)			Total
2019	$	58,853		$	375		$	59,228
2020	59,956			247			60,203
2021	61,158			222			61,380
2022	62,383			105			62,488
2023	63,201			39			63,240
After 2023	289,966			—			289,966
Total lease payments	$	595,517		$	988		$	596,505
Less: Interest	(216,444		)	(79		)	(216,523		)
Present value of lease liabilities	$	379,073		$	909		$	379,982
(a)  Operating and Finance lease payments exclude option to extend lease terms that are not reasonably certain of being exercised.

The Company's future minimum lease commitments as of December 31, 2018, under Accounting Standards Codification Topic 840, predecessor to Topic 842, are as follows:

As of December 31, 2018
	Operating Leases (a)		Finance Leases (a)		Total
2018	$	58,291	$	454	$	58,745
2019	59,391		174		59,565
2020	60,575		173		60,748
2021	61,808		127		61,935
2022	63,065		—		63,065
After 2022	321,797		—		321,797
Total lease payments	$	624,927	$	928	$	625,855
(a)  Operating and Finance lease payments exclude option to extend lease terms that are not reasonably certain of being exercised.

Finance Lease, Liability, Maturity

Maturity of Lease Liabilities

As of June 30, 2019
	Operating Leases (a)			Finance Leases (a)			Total
2019	$	58,853		$	375		$	59,228
2020	59,956			247			60,203
2021	61,158			222			61,380
2022	62,383			105			62,488
2023	63,201			39			63,240
After 2023	289,966			—			289,966
Total lease payments	$	595,517		$	988		$	596,505
Less: Interest	(216,444		)	(79		)	(216,523		)
Present value of lease liabilities	$	379,073		$	909		$	379,982
(a)  Operating and Finance lease payments exclude option to extend lease terms that are not reasonably certain of being exercised.

The Company's future minimum lease commitments as of December 31, 2018, under Accounting Standards Codification Topic 840, predecessor to Topic 842, are as follows:

As of December 31, 2018
	Operating Leases (a)		Finance Leases (a)		Total
2018	$	58,291	$	454	$	58,745
2019	59,391		174		59,565
2020	60,575		173		60,748
2021	61,808		127		61,935
2022	63,065		—		63,065
After 2022	321,797		—		321,797
Total lease payments	$	624,927	$	928	$	625,855
(a)  Operating and Finance lease payments exclude option to extend lease terms that are not reasonably certain of being exercised.

Summary of Other Lease Information

Lease Term and Discount Rate

	June 30, 2019
Weighted-average remaining lease term (years)
Operating leases	9.53
Finance leases	2.06
Weighted-average discount rate
Operating leases	9.9%
Finance leases	5.5%

Other Information

	Six Months Ended
	June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases	$	29,033
Operating cash flows for finance leases	$	26
Financing cash flows for finance leases	$	250
Acquisition of operating leases through adoption of ASC 842	$	389,403