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LEASES | 6 Months Ended
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Jun. 30, 2019
Leases [Abstract] |
LEASES | LEASES As of June 30, 2019, the Company’s leases were all operating leases except for a single finance lease related to the Company’s corporate headquarters, which was amended during the first quarter of 2019, resulting in the classification as a finance lease. The Company’s lease expense was as follows (in thousands):
| For the Three Months Ended June 30, 2019 |  | For the Six Months Ended June 30, 2019
Operating lease cost | $ | 13,988 |  |  | $ | 27,350 |
Finance lease cost: |  |  |
Amortization of ROU asset | 245 |  |  | 490 |
Interest on lease liability | 291 |  |  | 612 |
Total finance lease cost | 536 |  |  | 1,102 |
Short-term lease cost | 18,323 |  |  | 38,037 |
Variable lease cost | 2,991 |  |  | 4,233 |
Total lease cost | $ | 35,838 |  |  | $ | 70,722 |
Other information related to leases was as follows (in thousands, except lease term and discount rate):
Supplemental Lease Balance Sheet Information: | June 30, 2019
ROU assets: |
Operating leases | $ | 173,504 |
Finance lease (included in property, plant and equipment, net) | 22,537 |
Current portion of lease liabilities: |
Operating leases | 42,564 |
Finance lease (included in accrued expenses) | 399 |
Long-term portion of lease liabilities: |
Operating leases | 130,704 |
Finance lease (included in deferred taxes, unrecognized tax benefits and other long-term liabilities) | 23,701 |
Weighted Average Remaining Lease Term (years) | June 30, 2019
Operating leases | 5.2 |
Finance lease | 23.0 |
Weighted Average Discount Rate |
Operating leases | 5.34 | %
Finance lease | 5.25 | %
At June 30, 2019, the Company's future lease payments under non-cancelable leases that have lease terms in excess of one year were as follows (in thousands):
Years Ending December 31, | Operating Leases |  | Finance Lease
2019 (six months) | $ | 27,763 |  |  | $ | 871 |
2020 | 47,602 |  |  | 1,777 |
2021 | 35,959 |  |  | 1,813 |
2022 | 28,374 |  |  | 1,849 |
2023 | 20,388 |  |  | 1,886 |
2024 | 13,930 |  |  | 1,923 |
Thereafter | 27,429 |  |  | 40,636 |
Total future lease payments | 201,445 |  |  | 50,755 |
Amount representing interest | (28,177 | ) |  | (26,655 | )
Total lease liabilities | $ | 173,268 |  |  | $ | 24,100 |
At June 30, 2019, none of the Company's executed leases that had not yet commenced will create significant rights or obligations in the future and its sublease transactions are not material. Additionally, the Company does not have any related party leases and there were no restrictions or covenants imposed by its leases. Disclosures related to periods prior to adoption of Topic 842 The following is a summary of future minimum payments under operating leases that have initial or remaining non-cancelable lease terms in excess of one year at December 31, 2018 (in thousands):
Year | Total Operating Leases
2019 | $ | 56,480 |
2020 | 45,467 |
2021 | 33,564 |
2022 | 24,509 |
2023 | 15,253 |
Thereafter | 35,778 |
Total minimum lease payments | $ | 211,051 |
During the years ended December 31, 2018, 2017 and 2016, rent expense including short-term rentals was approximately $141.1 million, $125.4 million and $121.9 million, respectively.

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- Definition The entire disclosure for lessor entity's leasing arrangements for operating, capital and leveraged leases. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
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