v3.20.1
Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Schedule of operating lease information

 

 

 

 

 

 

Three Months Ended March 31, 

 

 

2020

Lease cost: (1)

    

 

 

Operating lease cost

 

$

0.5

Sublease income

 

 

(0.3)

Total lease cost

 

$

0.2


(1)

Short-term lease costs and finance lease costs are immaterial to the Company.

Schedule of other information

The following table presents operating and finance lease maturities and a reconciliation of the undiscounted cash flows to operating lease liabilities.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease

 

Income from

 

Net lease

 

 

    

Payments

    

subleasing

    

payments

 

2020

 

$

1.7

 

$

(0.8)

 

$

0.9

 

2021

 

 

1.9

 

 

(1.1)

 

 

0.8

 

2022

 

 

1.7

 

 

(1.1)

 

 

0.6

 

2023

 

 

1.2

 

 

(0.7)

 

 

0.5

 

2024

 

 

0.1

 

 

 —

 

 

0.1

 

Thereafter

 

 

 —

 

 

 —

 

 

 —

 

Total operating lease payments

 

$

6.6

 

$

(3.7)

 

$

2.9

 

Less: present value discount

 

 

(0.3)

 

 

 

 

 

 

 

Total operating lease liabilities

 

$

6.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease

 

 

 

 

 

 

 

 

    

Payments

    

 

 

    

 

 

 

2020

 

$

0.1

 

 

 

 

 

 

 

2021

 

 

0.1

 

 

 

 

 

 

 

2022

 

 

0.1

 

 

 

 

 

 

 

Thereafter

 

 

 —

 

 

 

 

 

 

 

Total finance lease payments

 

$

0.3

 

 

 

 

 

 

 

Less: amount representing interest

 

 

(0.1)

 

 

 

 

 

 

 

Total finance lease liabilities

 

$

0.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other Information:

 

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities (1):

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

0.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average remaining lease term (in years):

 

Operating leases

 

 

2.5

 

 

 

 

 

 

 

Finance leases

 

 

1.4

 

 

 

 

 

 

 

Weighted average discount rate - operating leases

 

 

3.91

%

 

 

 

 

 

 

Weighted average discount rate - finance leases

 

 

4.08

%

 

 

 

 

 

 


(1) Cash flows from finance leases are immaterial to the Company

Schedule of rental income from operating leases

 

 

 

 

 

 

 

 

 

 

Rental Income from operating leases

 

 

 

Three Months Ended

 

 

 

March 31, 

 

 

 

2020

 

2019

 

Solid Fuel

 

$

16.6

 

$

19.7

 

 

 

 

 

 

 

 

 

Natural Gas

 

 

5.9

 

 

6.3

 

 

 

 

 

 

 

 

 

Hydroelectric

 

 

18.3

 

 

18.4

 

 

 

$

40.8

 

$

44.4