Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Lease Expense Components

The components of lease expense were as follows:

Lease cost	Year ended December 31, 2019
Operating lease cost(1):
Fixed lease expense	$	526,352
Variable lease expense	119,740
Financing lease cost:
Amortization of leased assets	23,724
Interest on lease liabilities	14,932
Net lease cost	$	684,748

(1) Includes short-term lease expense and sublease income, which are immaterial.

Leases Other Information

Other information related to leases was as follows:

Lease term and discount rate	December 31, 2019
Weighted average remaining lease term (years):
Operating leases	9.0
Finance leases	10.2
Weighted average discount rate:
Operating leases	4.1	%
Finance leases	5.4	%

Other information	Year ended December 31, 2019
Gains on sale leasebacks, net	$	20,833
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	637,655
Operating cash flows for finance leases	$	22,257
Financing cash flows for finance leases	$	25,692
Net operating lease assets obtained in exchange for new or modified operating lease liabilities	$	432,074

Schedule Of Minimum Lease Payments

Future minimum lease payments under non-cancellable leases as of December 31, 2019 are as follows: 

	Operating leases			Finance leases
2020	$	462,131		$	37,624
2021	489,799			33,267
2022	454,753			33,677
2023	409,655			33,825
2024	358,009			33,841
Thereafter	1,510,665			178,434
Total future minimum lease payments	3,685,012			350,668
Less portion representing interest	(617,300		)	(82,134		)
Present value of lease liabilities	$	3,067,712		$	268,534