We have operating leases primarily for office space, temporary residences, automobiles and office equipment. Contracts containing assets that we benefit from and control are recognized on our balance sheet. 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. We combine the lease and non-lease components for all of our lease agreements.

Certain leases include one or more options to renew, with renewal terms that can extend the lease term from one to ten years. The exercise of lease renewal options is at our sole discretion, and lease renewal options are not included in our lease terms if they are not reasonably certain to be exercised. Our lease agreements do not contain any residual value guarantees or restrictive covenants or options to purchase the leased property.

Leases (In thousands)	Classification	March 31, 2019
Assets:
Operating	Other assets	$	4,638
Liabilities:
Current
Operating	Other current liabilities		658
Noncurrent
Operating	Other liabilities		4,419
Total lease liabilities		$	5,077

As most of our leases do not provide an implicit interest rate, we use our incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. We used the incremental borrowing rate on January 1, 2019 for operating leases that began prior to that date.

		Three Months Ended
Lease costs (In thousands)	Classification	March 31, 2019
Operating lease costs	General and administrative	$	662
Short-term leases	General and administrative		454
Variable lease costs	General and administrative		334
Sublease income	General and administrative		(2	)
Net lease cost		$	1,448

Our variable lease payments consist primarily of shared operating costs recognized over the term of the lease.

Maturity of lease liabilities (In thousands)	Operating leases
2019	$	1,085
2020		1,227
2021		1,188
2022		997
2023		748
After 2023		1,217
Total lease payments	$	6,462
Less: Interest		1,385
Present value of lease liabilities	$	5,077

Lease term and discount rate	March 31, 2019

Weighted average remaining lease term in years		4.5

Weighted average discount rate		7.0	%

The cash paid for operating leases included in operating cash flows and in the measurement of lease liabilities for the three months ended March 31, 2019 was $0.3 million. Right-of-use assets obtained in exchange for operating lease obligations were $0.5 million for the three months ended March 31, 2019.

Lease expense for the three months ended March 31, 2019 was $1.1 million comprised primarily of office and other leases. Future minimum rental commitments under these leases as of December 31, 2018 are as follows:

	Minimum
Year ending (In thousands)	rental commitments
2019	$	3,511
2020		2,804
2021		2,501
2022		2,455
2023		1,734
After 2023		2,495
Total lease payments	$	15,500