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Commitments And Contingencies (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2019
Commitments And Contingencies [Abstract] |
Components of Lease Costs |
﻿ |  |  |
﻿ |  | Three Months Ended March 31, 2019
﻿Lease cost: |  | (in thousands)
﻿Operating lease cost: |  | $ | 3,559
﻿Short-term lease cost |  |  | 303
﻿Variable lease cost |  |  | 1,330
﻿Total lease cost |  | $ | 5,192
﻿ |  |  |
﻿Other information: |  |  |
﻿Cash paid for amounts included in the measurement of lease liabilities: |  |  |
﻿Operating cash flows from (to) operating leases |  | $ | 3,695
﻿Weighted-average remaining lease term |  |  | 3.42 years
﻿Weighted-average discount rate |  |  | 6.26%
﻿
Lease Cost on Consolidated Statement of Operations |
﻿ |  |  |
﻿ |  | Three Months Ended March 31, 2019
﻿ |  | (in thousands)
﻿Production expense |  | $ | 1,597
﻿General and administrative expense |  |  | 49
﻿Lease costs billed to the joint venture owners |  |  | 3,546
﻿Total lease costs |  | $ | 5,192
﻿
Schedule of Future Maturities of Operating Lease Liabilities |
﻿ |  |  |
﻿ |  | Lease Obligation
﻿Year |  | (in thousands)
﻿2019 |  | $ | 9,216
﻿2020 |  |  | 11,979
﻿2021 |  |  | 11,224
﻿2022 |  |  | 8,088
﻿2023 |  |  | —
﻿Total lease payments |  |  | 40,507
﻿Less: imputed interest |  |  | 3,876
﻿Total lease liabilities |  | $ | 36,631
﻿
Estimated Obligations and Companies Share for the Annual Charter Payment |
﻿ |  |  |  |  |  |
﻿ |  | Balance at December 31, 2018
﻿(in thousands) |  | Full Charter Payment |  | VAALCO, Net
﻿Year |  |  |  |  |  |
﻿2019 |  | $ | 31,294 |  | $ | 9,718
﻿2020 |  |  | 22,634 |  |  | 7,029
﻿2021 |  |  | — |  |  | —
﻿2022 |  |  | — |  |  | —
﻿2023 |  |  | — |  |  | —
﻿Total |  | $ | 53,928 |  | $ | 16,747
﻿
Operating Lease Obligations for Rentals |
﻿ |  |  |  |  |  |
﻿ |  |  |  |
﻿(in thousands) |  | Gross Obligation |  | VAALCO, Net
﻿Year |  |  |  |  |  |
﻿2019 |  | $ | 1,110 |  | $ | 627
﻿2020 |  |  | 693 |  |  | 450
﻿2021 |  |  | — |  |  | —
﻿2022 |  |  | — |  |  | —
﻿2023 |  |  | — |  |  | —
﻿Total |  | $ | 1,803 |  | $ | 1,077
﻿

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- Definition Tabular disclosure of the aggregate amount of payments due on known contractual obligations for the five years following the date of the latest balance sheet and the combined aggregate amount of maturities of known contractual obligations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 303 -Paragraph a -Subparagraph 5 + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
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