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Lessee Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Maturity Schedule of Future Minimum Lease Payments under Operating Leases and the Reconciliation to the Operating Lease Liabilities
The maturity schedule of future minimum lease payments under operating leases and the reconciliation to the operating lease liabilities reported on the Condensed Consolidated Balance Sheets was as follows:
March 31,
2020
(In thousands)
Remaining nine months of 2020$10,076  
202113,274  
202212,157  
20238,595  
20248,014  
Thereafter  20,100  
Total operating lease payments  72,216  
Present value adjustment  (13,379) 
Total operating lease liabilities (1)
$58,837  
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(1) Amount consists of a current and long-term portion of operating lease liabilities of $10.0 million and $48.9 million, respectively. The short-term portion of the operating lease liabilities is included in accrued liabilities in the Condensed Consolidated Balance Sheets.
Supplemental Cash Flow Information Related to Operating Leases
The following table summarizes supplemental cash flow information related to the Company’s operating leases for the three months ended March 31, 2020 and 2019:
Three Months Ended March 31,
20202019
(In thousands)
Cash paid for amounts included in the measurement of lease liabilities$3,735  $3,761  
Right-of-use assets obtained in exchange for new lease liabilities$792  $431  
Weighted-Average Remaining Lease Term and Weighted-Average Discount Rate
The following table summarizes the weighted-average remaining lease term and weighted-average discount rate related to the Company’s operating leases as of March 31, 2020 and 2019:
March 31,
2020
December 31,
2019
Weighted-average remaining lease term, years 6.36.4
Weighted-average discount rate, %6.4 %6.4 %