LEASES (Tables)
|
3 Months Ended |
Mar. 31, 2020 |
|---|
| Leases [Abstract] |
|
| Lease related costs |
Lease related costs recognized in the Consolidated Statements of Operations for the three months ended March 31, 2020 are as follows:
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2020 |
Finance lease cost |
|
|
Amortization of right-of-use assets |
|
$ |
1,532 |
|
Interest on lease liabilities |
|
341 |
|
Total finance lease cost |
|
1,873 |
|
|
|
|
Operating lease cost |
|
|
Operating lease cost |
|
9,267 |
|
Short-term lease cost |
|
428 |
|
Variable lease cost |
|
2,788 |
|
Total operating lease cost |
|
12,483 |
|
Total lease cost |
|
$ |
14,356 |
|
|
| Lease, other information |
Other information related to leases included on the Consolidated Balance Sheet as of and for the three months ended March 31, 2020 are as follows:
|
|
|
|
|
|
|
|
|
|
Operating Leases |
|
Financing Leases |
Right-of-use assets |
|
212,246 |
|
|
19,214 |
|
Lease liabilities |
|
202,988 |
|
|
18,272 |
|
|
|
|
|
|
Cash paid for amounts included in the measurement of lease liabilities |
|
|
|
|
Operating cash flows |
|
8,303 |
|
|
340 |
|
Financing cash flows |
|
N/A |
|
|
1,484 |
|
|
|
|
|
|
Right-of-use assets obtained in exchange for lease liabilities |
|
2,459 |
|
|
1,028 |
|
|
|
|
|
|
Weighted average remaining lease term |
|
12.6 years |
|
|
3.4 years |
|
Weighted average discount rate |
|
8.3 |
% |
|
7.3 |
% |
|
| Schedule of future minimum lease payments, operating lease |
Future minimum lease payments under non-cancellable leases as of March 31, 2020 are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
Operating Leases |
|
Financing Leases |
April 1, 2020 - December 31, 2020 |
|
24,277 |
|
|
5,508 |
|
2021 |
|
31,944 |
|
|
6,018 |
|
2022 |
|
30,673 |
|
|
4,454 |
|
2023 |
|
30,511 |
|
|
3,434 |
|
2024 |
|
24,659 |
|
|
1,284 |
|
Thereafter |
|
202,618 |
|
|
90 |
|
Total minimum lease payments |
|
344,682 |
|
|
20,788 |
|
Less: imputed interest |
|
141,694 |
|
|
2,516 |
|
Total lease liabilities |
|
$ |
202,988 |
|
|
$ |
18,272 |
|
|
| Schedule of future minimum lease payments, finance lease |
Future minimum lease payments under non-cancellable leases as of March 31, 2020 are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
Operating Leases |
|
Financing Leases |
April 1, 2020 - December 31, 2020 |
|
24,277 |
|
|
5,508 |
|
2021 |
|
31,944 |
|
|
6,018 |
|
2022 |
|
30,673 |
|
|
4,454 |
|
2023 |
|
30,511 |
|
|
3,434 |
|
2024 |
|
24,659 |
|
|
1,284 |
|
Thereafter |
|
202,618 |
|
|
90 |
|
Total minimum lease payments |
|
344,682 |
|
|
20,788 |
|
Less: imputed interest |
|
141,694 |
|
|
2,516 |
|
Total lease liabilities |
|
$ |
202,988 |
|
|
$ |
18,272 |
|
|