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Leases (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Leases [Abstract]    
Schedule of Supplemental Cash Flow and Other Information Related to Leases

The components of operating lease cost reflected in the consolidated statements of operations for the nine months ended September 30, 2020 were as follows:

 

 

 

 

 

 

Nine Months Ended

 

    

September 30, 2020

Operating lease cost (1)

 

$

13,424

Variable lease cost

 

 

2,898

Short-term lease cost

 

 

27

Total operating lease cost

 

$

16,349


(1)

Operating lease cost includes rent cost related to operating leases for office facilities of $12,857 for the nine months ended September 30, 2020.

Other information related to leases for the nine months ended September 30, 2020 was as follows:

 

 

 

 

 

 

 

Nine Months Ended

 

 

    

September 30, 2020

 

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

 

 

 

 

Operating cash flows from operating leases

 

$

13,589

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

$

14,530

 

Weighted average remaining lease term — operating leases (in years)

 

 

3.68

 

Weighted average discount rate — operating leases

 

 

2.22

%

 

 
Operating Lease Maturity

Maturities of operating lease liabilities as of September 30, 2020 are as follows:

 

 

 

 

 

    

September 30, 2020

Remainder of 2020

 

$

4,679

2021

 

 

16,862

2022

 

 

12,876

2023

 

 

8,120

2024

 

 

4,254

Thereafter

 

 

4,666

Total future lease payments

 

 

51,457

Less: imputed interest

 

 

(3,273)

Total operating lease liabilities

 

$

48,184

 

 
Supplemental Balance Sheet Information

Total financing lease liabilities as of September 30, 2020 were $324. Supplemental balance sheet information related to the financing lease as of September 30, 2020 is as follows:

 

 

 

 

 

    

September 30, 2020

Property and equipment

 

$

574

Accumulated depreciation

 

 

(197)

Property and equipment, net

 

$

377

 

 

 

 

Accruals and other current liabilities

 

$

184

Other liabilities

 

 

140

Total financing lease liabilities

 

$

324

 

 
Summary of Minimum Future Lease Payments

As of December 31, 2019, under the prior lease standard (Topic 840), future minimum lease payments under non-cancelable operating leases are as follows:

 

 

 

 

 

    

December 31, 2019

2020

 

$

15,886

2021

 

 

13,186

2022

 

 

10,385

2023

 

 

6,572

2024

 

 

3,216

Thereafter

 

 

2,771

Total minimum lease payments

 

$

52,016

 

The future minimum lease payments for the years following December 31, 2019 are as follows:

 

 

 

 

2020

 

$

15,886

2021

 

 

13,186

2022

 

 

10,385

2023

 

 

6,572

2024

 

 

3,216

Thereafter

 

 

2,771

 

 

$

52,016