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Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Summary of Components of Lease Expense

The components of lease expense were as follows (in thousands):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Operating lease cost

$

4,871

 

 

$

3,220

 

 

$

8,639

 

 

$

6,337

 

Variable lease cost

 

1,184

 

 

 

752

 

 

 

2,070

 

 

 

1,346

 

Summary of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to the leases was as follows (in thousands):

 

 

Six Months Ended June 30,

 

 

2020

 

 

2019

 

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

 

 

 

 

 

 

 

Operating cash flows from operating leases

$

6,111

 

 

$

4,686

 

 

 

 

 

 

 

 

 

Right-of-use assets obtained in exchange for lease obligations:

 

 

 

 

 

 

 

Operating leases

 

68,171

 

 

 

4,561

 

Summary of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to the leases was as follows (in thousands):

 

 

As of

 

 

June 30,

 

 

December 31,

 

 

2020

 

 

2019

 

Operating lease right-of-use assets

$

113,566

 

 

$

52,152

 

 

 

 

 

 

 

 

 

Other current liabilities

$

13,950

 

 

$

10,977

 

Operating lease liabilities

 

114,984

 

 

 

45,212

 

Total operating lease liabilities

$

128,934

 

 

$

56,189

 

 

 

 

 

 

 

 

 

Weighted Average Remaining Lease Term (years)

 

 

 

 

 

 

 

Operating leases

13.1

 

 

6.3

 

Weighted Average Discount Rate

 

 

 

 

 

 

 

Operating leases

 

5.9

%

 

 

6.0

%

Schedule of Lease Payments Due Related To Lease Liabilities

Lease payments due related to lease liabilities as of June 30, 2020 were as follows (in thousands):

 

Related Party

 

 

Non-Related Parties

 

 

Total

 

 

Operating Leases

 

 

Operating Leases

 

 

Operating Leases

 

Remainder of 2020

$

5,287

 

 

$

4,538

 

 

$

9,825

 

2021

 

10,252

 

 

 

10,631

 

 

 

20,883

 

2022

 

10,037

 

 

 

7,479

 

 

 

17,516

 

2023

 

8,501

 

 

 

6,321

 

 

 

14,822

 

2024

 

8,623

 

 

 

4,700

 

 

 

13,323

 

Later years

 

106,676

 

 

 

11,608

 

 

 

118,284

 

Total lease payments

 

149,376

 

 

 

45,277

 

 

 

194,653

 

Less: imputed interest

 

(59,666

)

 

 

(6,053

)

 

 

(65,719

)

Total

$

89,710

 

 

$

39,224

 

 

$

128,934