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Leases
6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Leases Leases
We lease office space in several locations globally under operating lease arrangements, and in limited instances may enter into finance leases for flight equipment. Our leases have remaining lease terms of one year to 18 years, and in some cases we have options to extend the lease terms for up to ten years. Our finance lease arrangements may be terminated prior to their original expiration date at our discretion.
As of June 30, 2019, operating lease ROU assets net of lease incentives included in other assets were $46.5 million, and operating lease liabilities included in accounts payable, accrued expenses and other liabilities were $54.4 million. Finance lease liabilities included in debt were $128.7 million.
As of June 30, 2019, supplemental balance sheet information related to leases was as follows:
 
Operating leases
 
Finance leases
Weighted average remaining lease term (years)
9.5

 
17.0

Weighted average discount rate
6.4
%
 
6.5
%


As of June 30, 2019, maturities of operating and finance lease liabilities were as follows:
 
Operating leases
 
Finance leases
2019 - remaining
$
4,873

 
$
5,473

2020
8,727

 
10,946

2021
8,399

 
10,946

2022
8,467

 
10,946

2023
8,529

 
10,946

Thereafter
34,465

 
186,723

Total lease payments
$
73,460

 
$
235,980

Less: Imputed interest
(19,017
)
 
(107,275
)
Present value of lease liabilities
$
54,443

 
$
128,705


Leases Leases
We lease office space in several locations globally under operating lease arrangements, and in limited instances may enter into finance leases for flight equipment. Our leases have remaining lease terms of one year to 18 years, and in some cases we have options to extend the lease terms for up to ten years. Our finance lease arrangements may be terminated prior to their original expiration date at our discretion.
As of June 30, 2019, operating lease ROU assets net of lease incentives included in other assets were $46.5 million, and operating lease liabilities included in accounts payable, accrued expenses and other liabilities were $54.4 million. Finance lease liabilities included in debt were $128.7 million.
As of June 30, 2019, supplemental balance sheet information related to leases was as follows:
 
Operating leases
 
Finance leases
Weighted average remaining lease term (years)
9.5

 
17.0

Weighted average discount rate
6.4
%
 
6.5
%


As of June 30, 2019, maturities of operating and finance lease liabilities were as follows:
 
Operating leases
 
Finance leases
2019 - remaining
$
4,873

 
$
5,473

2020
8,727

 
10,946

2021
8,399

 
10,946

2022
8,467

 
10,946

2023
8,529

 
10,946

Thereafter
34,465

 
186,723

Total lease payments
$
73,460

 
$
235,980

Less: Imputed interest
(19,017
)
 
(107,275
)
Present value of lease liabilities
$
54,443

 
$
128,705