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Leases (Tables) | 12 Months Ended
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Dec. 31, 2019
Leases [Abstract] |
Lease, Cost | The following table presents supplemental consolidated cash flow information related to lease payments for the year ended December 31, 2019 (in thousands).
|  | Year Ended December 31, 2019
Cash paid related to lease liabilities |  |
Operating cash payments for operating leases |  | $ | 14,941 |
Investing cash payments for operating leases |  | $ | 28,034 |
Financing cash payments for financing leases |  | $ | 918 |
Right of use assets obtained in exchange for lease obligations entered into during the period |  |
Operating leases |  | $ | 59,740 |
Financing leases |  | $ | 597 |
The following table presents supplemental consolidated statement of operations information related to lease expenses, on a gross basis, for the year ended December 31, 2019 (in thousands). Lease payments represent gross payments to vendors, which, for certain of our operating assets, are partially offset by amounts received from other working interest owners in our operated wells.
| Year Ended
| December 31, 2019
Operating leases |
Lease operating | $ | 11,877 |
Plant and other midstream services | 110 |
General and administrative | 3,209 |
Total operating leases(1) | 15,196 |
Short-term leases |
Lease operating | 10,441 |
Plant and other midstream services | 4,983 |
General and administrative | 27 |
Total short-term leases(2)(3) | 15,451 |
Financing leases |
Depreciation of assets | 976 |
Interest on lease liabilities | 134 |
Total financing leases | 1,110 |
Total lease expense | $ | 31,757 |
_____________________
(1) | Does not include gross payments related to drilling rig leases of $28.1 million for the year ended December 31, 2019 that were capitalized and recorded in “Oil and natural gas properties, full-cost method” in the consolidated balance sheet at December 31, 2019.
(2) | These costs are related to leases that are not recorded as right of use assets or lease liabilities in the consolidated balance sheet as they are short-term leases.
(3) Does not include gross payments related to short-term drilling rig leases and other equipment rentals of $90.3 million for the year ended December 31, 2019 that were capitalized and recorded in “Oil and natural gas properties, full-cost method” in the consolidated balance sheet at December 31, 2019.
Assets And Liabilities, Lessee | The following table presents supplemental consolidated balance sheet information related to leases as of December 31, 2019 (in thousands).
|  | December 31, 2019
Operating leases |  |
Other long-term assets |  | $ | 85,668 |
Other current liabilities |  | $ | (50,164 | )
Other long-term liabilities |  | (41,459 | )
Total operating lease liabilities |  | $ | (91,623 | )
Financing leases |  |
Other property and equipment, at cost |  | $ | 2,677 |
Accumulated depreciation |  | (1,324 | )
Net property and equipment |  | $ | 1,353 |
Other current liabilities |  | $ | (799 | )
Other long-term liabilities |  | (524 | )
Total financing lease liabilities |  | $ | (1,323 | )
Lessee, Lease Terms | The following table presents the maturities of lease liabilities at December 31, 2019 (in years).
Weighted-Average Remaining Lease Term |  | December 31, 2019
Operating leases |  | 2.7
Financing leases |  | 2.1
Finance Lease, Liability, Maturity | The following table presents a schedule of future minimum lease payments required under all lease agreements as of December 31, 2019 and 2018, respectively (in thousands).
|  | December 31, 2019
|  | Operating Leases |  | Financing Leases
2020 |  | $ | 50,164 |  |  | $ | 799 |
2021 |  | 27,279 |  |  | 517 |
2022 |  | 5,010 |  |  | 179 |
2023 |  | 4,177 |  |  | — |
2024 |  | 4,217 |  |  | — |
Thereafter |  | 5,716 |  |  | — |
Total lease payments |  | 96,563 |  |  | 1,495 |
Less imputed interest |  | (4,940 | ) |  | (172 | )
Total lease obligations |  | 91,623 |  |  | 1,323 |
Less current obligations |  | (50,164 | ) |  | (799 | )
Long-term lease obligations |  | $ | 41,459 |  |  | $ | 524 |
Lessee, Operating Lease, Liability, Maturity | The following table presents a schedule of future minimum lease payments required under all lease agreements as of December 31, 2019 and 2018, respectively (in thousands).
|  | December 31, 2019
|  | Operating Leases |  | Financing Leases
2020 |  | $ | 50,164 |  |  | $ | 799 |
2021 |  | 27,279 |  |  | 517 |
2022 |  | 5,010 |  |  | 179 |
2023 |  | 4,177 |  |  | — |
2024 |  | 4,217 |  |  | — |
Thereafter |  | 5,716 |  |  | — |
Total lease payments |  | 96,563 |  |  | 1,495 |
Less imputed interest |  | (4,940 | ) |  | (172 | )
Total lease obligations |  | 91,623 |  |  | 1,323 |
Less current obligations |  | (50,164 | ) |  | (799 | )
Long-term lease obligations |  | $ | 41,459 |  |  | $ | 524 |
Schedule of Future Minimum Rental Payments for Operating Leases |
|  | December 31, 2018
|  | Operating Leases |  | Financing Leases
2019 |  | $ | 39,457 |  |  | $ | 1,240 |
2020 |  | 12,009 |  |  | 913 |
2021 |  | 3,513 |  |  | 534 |
2022 |  | 3,209 |  |  | 455 |
2023 |  | 3,234 |  |  | — |
Thereafter |  | 7,680 |  |  | — |
Total lease payments |  | 69,102 |  |  | 3,142 |
Less imputed interest |  | (4,300 | ) |  | (130 | )
Total lease obligations |  | 64,802 |  |  | 3,012 |
Less current obligations |  | (39,457 | ) |  | (1,240 | )
Long-term lease obligations |  | $ | 25,345 |  |  | $ | 1,772 |
Schedule of Future Minimum Lease Payments for Capital Leases |
|  | December 31, 2018
|  | Operating Leases |  | Financing Leases
2019 |  | $ | 39,457 |  |  | $ | 1,240 |
2020 |  | 12,009 |  |  | 913 |
2021 |  | 3,513 |  |  | 534 |
2022 |  | 3,209 |  |  | 455 |
2023 |  | 3,234 |  |  | — |
Thereafter |  | 7,680 |  |  | — |
Total lease payments |  | 69,102 |  |  | 3,142 |
Less imputed interest |  | (4,300 | ) |  | (130 | )
Total lease obligations |  | 64,802 |  |  | 3,012 |
Less current obligations |  | (39,457 | ) |  | (1,240 | )
Long-term lease obligations |  | $ | 25,345 |  |  | $ | 1,772 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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