Leases

12 Months Ended

Dec. 31, 2019

We have operating leases for corporate offices, automobiles, and certain equipment. Our leases have remaining terms of 1 year to 94 years, some of which may include options to extend the leases for up to 9 years, and some of which may include options to terminate the leases within 1 year. Leases with an initial term of 12 months or less are not recorded on the balance sheet. We recognize lease expense for these leases on a straight-line basis over the lease term. Amounts related to finance lease activities and income from leasing activities were not material for the periods presented.

The components of operating lease expense were as follows:



	Twelve Months Ended
(In thousands)	December 31, 2019
Operating Lease Cost (a)	$	22,708
(a) includes variable and short-term lease costs

Supplemental cash flow information related to operating leases were as follows:



	Twelve Months Ended
(In thousands)	December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Cash paid for operating lease liabilities	$	20,919
Supplemental non-cash information:
Operating lease right-of-use assets obtained in exchange for new operating lease obligations	$	18,938

Maturities of lease liabilities as of December 31, 2019 were as follows:



(In thousands)
Years ending December 31,	Operating Leases
2020	$	16,104
2021	12,752
2022	8,984
2023	7,415
2024	6,844
Thereafter	14,153
Total future minimum lease payments	66,252
Less imputed interest	12,171
Total	$	54,081

Weighted Average Remaining Lease Term (years)
Operating Leases	5.3

Weighted Average Discount Rate
Operating Leases	5.3		%

As of December 31, 2019, we have additional operating leases, that have not commenced during the period, which were not material.