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Leases (Tables) | 6 Months Ended
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Jun. 30, 2020
Leases [Abstract] |
Components of Lease Costs |
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Lease cost: |  | (in thousands)
Operating lease cost |  | $ | 4,335 |  | $ | 3,775 |  | $ | 8,525 |  | $ | 7,334
Short-term lease cost |  |  | (581) |  |  | 101 |  |  | 451 |  |  | 404
Variable lease cost |  |  | 2,138 |  |  | 1,408 |  |  | 4,064 |  |  | 2,738
Total lease expense |  |  | 5,892 |  |  | 5,284 |  |  | 13,040 |  |  | 10,476
Lease costs capitalized |  |  | 178 |  |  | — |  |  | 3,459 |  |  | —
Total lease costs |  | $ | 6,070 |  | $ | 5,284 |  | $ | 16,499 |  | $ | 10,476
Other information: |  |  |  |  |  |  |  |  |  |  |  |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Operating cash flows to operating leases |  |  |  |  |  |  |  |  |  |  | $ | 13,966
Weighted-average remaining lease term |  |  |  |  |  |  |  |  |  |  |  | 2.22 years
Weighted-average discount rate |  |  |  |  |  |  |  |  |  |  |  | 6.13%
Lease Cost on Consolidated Statement of Operations |
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
|  | (in thousands)
Production expense |  | $ | 1,814 |  | $ | 1,626 |  | $ | 4,019 |  | $ | 3,223
General and administrative expense |  |  | 49 |  |  | 49 |  |  | 98 |  |  | 98
Lease costs billed to the joint venture owners |  |  | 4,148 |  |  | 3,609 |  |  | 11,221 |  |  | 7,155
Total lease expense |  |  | 6,011 |  |  | 5,284 |  |  | 15,338 |  |  | 10,476
Lease costs capitalized |  |  | 59 |  |  | — |  |  | 1,161 |  |  | —
Total lease costs |  | $ | 6,070 |  | $ | 5,284 |  | $ | 16,499 |  | $ | 10,476
Schedule of Future Maturities of Operating Lease Liabilities |
|  | Lease Obligation
Year |  | (in thousands)
2020 |  | $ | 6,865
2021 |  |  | 13,535
2022 |  |  | 9,355
2023 |  |  | —
2024 |  |  | —
|  |  | 29,755
Less: imputed interest |  |  | 1,850
Total lease liabilities |  | $ | 27,905

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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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