Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.19.3
LEASES (Tables)
9 Months Ended
Sep. 30, 2019
Leases [Abstract]  
Lease Related Costs
Lease related costs recognized in the Consolidated Statements of Operations for the three and nine months ended September 30, 2019 are as follows:
 
 
Three Months Ended September 30, 2019
 
Nine Months Ended September 30, 2019
Finance lease cost
 
 
 
 
Amortization of right-of-use assets
 
$
1,690

 
$
4,736

Interest on lease liabilities
 
353

 
972

Total finance lease cost
 
2,043

 
5,708

 
 
 
 
 
Operating lease cost
 
 
 
 
Operating lease cost
 
9,798

 
28,276

Short-term lease cost
 
420

 
1,882

Variable lease cost
 
5,544

 
12,696

Total operating lease cost
 
15,762

 
42,854

 
 
 
 
 
Total lease cost
 
$
17,805

 
$
48,562

Lease, Other Information
Other information related to leases included on the Consolidated Balance Sheet as of and for the nine months ended September 30, 2019 are as follows:
 
 
Operating Leases
 
Financing Leases
Right-of-use assets
 
220,197

 
21,420

Lease liabilities
 
207,749

 
20,419

 
 
 
 
 
Cash paid for amounts included in the measurement of lease liabilities
 
 
 
 
Operating cash flows
 
22,531

 
668

Financing cash flows
 
N/A

 
5,702

 
 
 
 
 
Right-of-use assets obtained in exchange for lease liabilities
 
10,813

 
11,723

 
 
 
 
 
Weighted average remaining lease term
 
12.6 years

 
3.6 years

Weighted average discount rate
 
8.8
%
 
7.2
%
Schedule of Future Minimum Lease Payments, Operating Lease
Future minimum lease payments under non-cancellable leases as of September 30, 2019 are as follows:
 
 
Operating Leases
 
Financing Leases
October 1, 2019 - December 31, 2019
 
7,647

 
2,053

2020
 
33,151

 
7,275

2021
 
32,514

 
5,785

2022
 
31,133

 
4,137

2023
 
30,962

 
3,073

Thereafter
 
229,981

 
1,047

Total minimum lease payments
 
365,388

 
23,370

Less: imputed interest
 
157,639

 
2,951

Total lease liabilities
 
$
207,749

 
$
20,419

Schedule of Future Minimum Lease Payments, Finance Lease
Future minimum lease payments under non-cancellable leases as of September 30, 2019 are as follows:
 
 
Operating Leases
 
Financing Leases
October 1, 2019 - December 31, 2019
 
7,647

 
2,053

2020
 
33,151

 
7,275

2021
 
32,514

 
5,785

2022
 
31,133

 
4,137

2023
 
30,962

 
3,073

Thereafter
 
229,981

 
1,047

Total minimum lease payments
 
365,388

 
23,370

Less: imputed interest
 
157,639

 
2,951

Total lease liabilities
 
$
207,749

 
$
20,419