Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Components of Lease Expense and Supplemental Information
The following table summarizes the components of the Company's lease expense recognized for the twelve months ended December 31, 2019, excluding variable lease and prepaid rent costs (in thousands):
December 31, 2019
Operating lease expense:
   Short-term operating lease$5,691  
   Long-term operating lease 8,681  
Total operating lease expense$14,372  
Finance lease expense:
   Amortization of right-of-use assets$19,171  
   Interest on lease liabilities5,005  
Total finance lease expense$24,176  
Supplemental information related to leases was as follows:
December 31, 2019
Operating leases
Weighted average remaining lease term3.1 years
Weighted average discount rate14.8%  
Finance leases
Weighted average remaining lease term2.1 years
Weighted average discount rate8.2%  
Supplemental cash flow information related to leases was as follows for the year ended December 31, 2019 (in thousands):
Year Ended December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:  
   Operating cash outflows from operating leases$14,372  
   Operating cash outflows from finance leases5,005  
   Financing cash outflows from finance leases29,364  
Right-of-use assets obtained in exchange for lease obligations:
   Operating leases2,477  
   Finance leases7,941  
Supplemental balance sheet information related to leases was as follows as of December 31, 2019, and December 31, 2018 (in thousands):
December 31, 2019December 31, 2018
Right-of-Use Assets under Operating Leases
Operating lease right-of-use assets$14,540  $20,819  
Operating lease right-of-use liabilities, current portion4,906  5,649  
Operating lease right-of-use liabilities, long-term portion9,634  15,170  
   Total operating lease liabilities$14,540  $20,819  
Right-of-Use Assets under Finance Leases
Property and equipment, at cost$71,768  $67,585  
Less accumulated depreciation(27,727) (16,634) 
   Property and equipment, net$44,041  $50,951  
Current portion of finance leases$18,738  $20,061  
Long-term finance leases17,160  29,865  
   Total finance lease liabilities$35,898  $49,926  
Schedule of Future Minimum Rental Payments for Operating Leases
Future annual minimum operating lease payments were as follows (in thousands):
December 31,
2019
2020$6,618  
20215,227  
20224,393  
2023942  
2024721  
Thereafter325  
Total lease payments$18,226  
Impact of discounting(3,686) 
Discounted value of operating lease obligation$14,540  
Schedule of Future Minimum Rental Payments for Capital Leases
Future annual minimum operating lease payments were as follows (in thousands):
December 31,
2019
2020$6,618  
20215,227  
20224,393  
2023942  
2024721  
Thereafter325  
Total lease payments$18,226  
Impact of discounting(3,686) 
Discounted value of operating lease obligation$14,540  
Maturities of Finance Lease Liabilities
Future annual minimum operating lease payments were as follows (in thousands):
December 31,
2019
2020$6,618  
20215,227  
20224,393  
2023942  
2024721  
Thereafter325  
Total lease payments$18,226  
Impact of discounting(3,686) 
Discounted value of operating lease obligation$14,540  
Maturities of Operating Lease Liabilities
Future annual minimum operating lease payments were as follows (in thousands):
December 31,
2019
2020$6,618  
20215,227  
20224,393  
2023942  
2024721  
Thereafter325  
Total lease payments$18,226  
Impact of discounting(3,686) 
Discounted value of operating lease obligation$14,540