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Leases (Tables) | 12 Months Ended
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Dec. 31, 2020
Leases [Abstract] |
Summary of Lease Assets and Liabilities | The following table summarizes the balance sheet classification of the Company's lease assets and liabilities (in thousands):
|  |  | Years Ended December 31,
| Balance Sheet Classification |  | 2020 |  | 2019
Assets |  |  |  |  |
Operating leases | Operating lease assets |  | $ | 398,594 |  |  | $ | 452,919 |
Finance leases | Property and equipment, net |  | $ | 73,201 |  |  | $ | 23,061 |
Current liabilities |  |  |  |  |
Operating leases | Other accrued liabilities |  | $ | 13,627 |  |  | $ | 18,893 |
Finance leases | Other accrued liabilities |  | $ | 13,879 |  |  | $ | 164 |
Non-current liabilities |  |  |  |  |
Operating leases | Long-term operating lease liabilities |  | $ | 123,124 |  |  | $ | 159,182 |
Finance leases | Other long-term liabilities |  | $ | 54,379 |  |  | $ | 17,759 |
Schedule of Lease Cost and Other Information | The following tables disclose the components of the Company's lease cost, supplemental cash flow disclosures, and other information regarding the Company's lease arrangements (dollars in thousands):
| Years Ended December 31,
| 2020 |  | 2019
Lease cost: |  |  |
Operating lease cost | $ | 29,574 |  |  | $ | 33,126 |
Short-term lease cost | 11,363 |  |  | 24,634 |
Amortization of leasehold interests in land | 13,885 |  |  | 13,373 |
Variable lease cost | 194 |  |  | 1,487 |
Finance lease interest cost | 1,604 |  |  | 1,058 |
Total lease cost | $ | 56,620 |  |  | $ | 73,678 |
| Years Ended December 31,
| 2020 |  | 2019
Supplemental cash flow disclosures: |  |  |
Operating lease liabilities arising from obtaining operating lease assets | $ | 11,625 |  |  | $ | 45,435 |
Finance lease liabilities arising from obtaining finance lease assets | $ | 56,215 |  |  | $ | 1,413 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Cash used in operating activities - Operating leases | $ | 28,873 |  |  | $ | 30,409 |
Cash used in financing activities - Finance leases | $ | 5,916 |  |  | $ | 73 |
| Years Ended December 31,
| 2020 |  | 2019
Other information: |  |  |
Weighted-average remaining lease term - Operating leases | 43.9 years |  | 35.4 years
Weighted-average remaining lease term - Finance leases | 13.6 years |  | 42.8 years
Weighted-average discount rate - Operating leases | 6.5 | % |  | 6.4 | %
Weighted-average discount rate - Finance leases | 4.5 | % |  | 6.2 | %
Schedule of Operating Lease Maturity Analysis | The following table presents an analysis of lease liability maturities as of December 31, 2020 (in thousands):
Years Ending December 31, |  | Operating Leases |  | Finance Leases
2021 |  | $ | 20,772 |  |  | $ | 15,898 |
2022 |  | 16,849 |  |  | 15,898 |
2023 |  | 14,998 |  |  | 15,898 |
2024 |  | 10,857 |  |  | 9,618 |
2025 |  | 9,311 |  |  | 1,203 |
Thereafter |  | 450,009 |  |  | 65,084 |
Total undiscounted cash flows |  | $ | 522,796 |  |  | $ | 123,599 |
Present value |  |  |  |
Short-term lease liabilities |  | $ | 13,627 |  |  | $ | 13,879 |
Long-term lease liabilities |  | 123,124 |  |  | 54,379 |
Total lease liabilities |  | $ | 136,751 |  |  | $ | 68,258 |
Interest on lease liabilities |  | $ | 386,045 |  |  | $ | 55,341 |
Schedule of Finance Lease Maturity Analysis | The following table presents an analysis of lease liability maturities as of December 31, 2020 (in thousands):
Years Ending December 31, |  | Operating Leases |  | Finance Leases
2021 |  | $ | 20,772 |  |  | $ | 15,898 |
2022 |  | 16,849 |  |  | 15,898 |
2023 |  | 14,998 |  |  | 15,898 |
2024 |  | 10,857 |  |  | 9,618 |
2025 |  | 9,311 |  |  | 1,203 |
Thereafter |  | 450,009 |  |  | 65,084 |
Total undiscounted cash flows |  | $ | 522,796 |  |  | $ | 123,599 |
Present value |  |  |  |
Short-term lease liabilities |  | $ | 13,627 |  |  | $ | 13,879 |
Long-term lease liabilities |  | 123,124 |  |  | 54,379 |
Total lease liabilities |  | $ | 136,751 |  |  | $ | 68,258 |
Interest on lease liabilities |  | $ | 386,045 |  |  | $ | 55,341 |
Schedule of Minimum and Contingent Operating Lease Income | The following table presents the minimum and contingent operating lease income for the periods presented (in thousands):
| Years Ended December 31,
| 2020 |  | 2019 |  | 2018
Minimum rental income (1) | $ | 77,946 |  |  | $ | 136,612 |  |  | $ | 126,192 |
Contingent rental income | 56,889 |  |  | 57,807 |  |  | 52,347 |
Total rental income | $ | 134,835 |  |  | $ | 194,419 |  |  | $ | 178,539 |
(1) For the year ended December 31, 2020, reflects the impact of rent concessions provided to tenants.
Schedule of Future Minimum Rentals to be Received Under Operating Leases | The following table presents the future minimum rentals to be received under operating leases (in thousands):
Years Ending December 31, | Operating Leases
2021 | $ | 98,604 |
2022 | 95,642 |
2023 | 80,334 |
2024 | 70,900 |
2025 | 54,300 |
Thereafter | 103,879 |
Total future minimum rentals | $ | 503,659 |

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