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Leases (Tables)

6 Months Ended

Jun. 30, 2019

The components of our total lease expense for the three and six months ended June 30, 2019, the majority of which is included in general and administrative expense, are as follows (in thousands):

	Three Months Ended June 30, 2019			Six Months Ended June 30, 2019

Operating lease cost	$	3,208		$	6,288
Variable lease expense ⁽¹⁾		1,203			2,354
Short-term lease expense ⁽²⁾		687			1,170
Sublease income		(873	)		(1,748	)
Total lease expense	$	4,225		$	8,064

Short-term lease costs ⁽³⁾	$	8,319		$	17,093

⁽¹⁾

^{Variable lease payments that are not dependent on an index or rate are not included in the lease liability or ROU assets.}

⁽²⁾

^{Short-term lease expense represents expense related to leases with a contract term of one year or less.}

⁽³⁾

^{These short-term lease costs are related to leases with a contract term of one year or less and the majority of which are related to drilling rigs and are capitalized as part of natural gas and oil properties on our balance sheets.}

Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to our operating leases is included in the table below (in thousands):

Six Months

Ended

June 30,

2019

Cash paid for amounts included in the measurement of lease liabilities

7,533

ROU assets added in exchange for lease obligations (since adoption)

2,096

Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to our operating leases is included in the table below (in thousands):

		June 30, 2019
Operating lease ROU assets	$	48,893
Accrued liabilities – current	$	(15,671	)
Operating lease liabilities – long-term	$	(39,897	)

Schedule of Weighted Average Remaining Lease Term and Weighted Average Discount Rate for Operating Leases

Our weighted average remaining lease term and weighted average discount rate for our operating leases are as follows:

June 30,

2019

Weighted average remaining lease term

6.2 years

Weighted average discount rate

6.2%

Schedule of Lease Liabilities with Enforceable Contract Terms are Greater Than One year Mature

Our lease liabilities with enforceable contract terms that are greater than one year mature as follows (in thousands):

		Operating Leases
Remainder of 2019	$	7,831
2020		14,397
2021		10,906
2022		6,991
2023		6,500
Thereafter		21,730
Total lease payments		68,355
Less effects of discounting		(12,787	)
Total lease liability	$	55,568