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Leases | 6 Months Ended
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Jun. 30, 2020
Leases [Abstract] |
Leases | Leases We have operating leases for office facilities and finance leases for computer and office equipment. The components of lease expense were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) | 2020 |  | 2019 |  | 2020 |  | 2019
Operating lease cost | $ | 2,327 |  |  | $ | 1,100 |  |  | $ | 4,811 |  |  | $ | 2,081 |
Finance lease cost |  |  |  |  |  |  |
Amortization of ROU assets | $ | 76 |  |  | $ | 155 |  |  | $ | 186 |  |  | $ | 308 |
Interest on lease liabilities | 1 |  |  | 1 |  |  | 3 |  |  | 3 |
Total finance lease cost | $ | 77 |  |  | $ | 156 |  |  | $ | 189 |  |  | $ | 311 |
Rent expense for short-term leases in the three and six months ended June 30, 2020 and 2019 was not material. Supplemental information related to leases was as follows:
| June 30, 2020 |  | December 31, 2019
Operating leases |  |  |
Weighted average remaining lease term | 10.3 years |  | 10.0 years
Weighted average discount rate | 5.7% |  | 5.8%
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) | 2020 |  | 2019 |  | 2020 |  | 2019
ROU assets obtained in exchange for lease obligations |  |  |  |  |  |  |
Operating leases | $ | 704 |  |  | $ | — |  |  | $ | 704 |  |  | $ | 2,198 |
Finance leases | — |  |  | — |  |  | — |  |  | 11 |
In the three and six months ended June 30, 2020, we received proceeds from lease incentives of $8.6 million. Maturities of operating lease liabilities at June 30, 2020 were as follows:
(in thousands) |
Year ending December 31, |
2020(1) | $ | 2,558 |
2021 | 7,195 |
2022 | 7,300 |
2023 | 6,997 |
2024 | 7,151 |
Thereafter | 50,952 |
Total lease payments | 82,153 |
Less: Imputed interest | (22,521 | )
Less: Tenant incentives | (5,607 | )
Total | $ | 54,025 |
_______________ (1) Represents the six months ending December 31, 2020.
Leases | Leases We have operating leases for office facilities and finance leases for computer and office equipment. The components of lease expense were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) | 2020 |  | 2019 |  | 2020 |  | 2019
Operating lease cost | $ | 2,327 |  |  | $ | 1,100 |  |  | $ | 4,811 |  |  | $ | 2,081 |
Finance lease cost |  |  |  |  |  |  |
Amortization of ROU assets | $ | 76 |  |  | $ | 155 |  |  | $ | 186 |  |  | $ | 308 |
Interest on lease liabilities | 1 |  |  | 1 |  |  | 3 |  |  | 3 |
Total finance lease cost | $ | 77 |  |  | $ | 156 |  |  | $ | 189 |  |  | $ | 311 |
Rent expense for short-term leases in the three and six months ended June 30, 2020 and 2019 was not material. Supplemental information related to leases was as follows:
| June 30, 2020 |  | December 31, 2019
Operating leases |  |  |
Weighted average remaining lease term | 10.3 years |  | 10.0 years
Weighted average discount rate | 5.7% |  | 5.8%
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) | 2020 |  | 2019 |  | 2020 |  | 2019
ROU assets obtained in exchange for lease obligations |  |  |  |  |  |  |
Operating leases | $ | 704 |  |  | $ | — |  |  | $ | 704 |  |  | $ | 2,198 |
Finance leases | — |  |  | — |  |  | — |  |  | 11 |
In the three and six months ended June 30, 2020, we received proceeds from lease incentives of $8.6 million. Maturities of operating lease liabilities at June 30, 2020 were as follows:
(in thousands) |
Year ending December 31, |
2020(1) | $ | 2,558 |
2021 | 7,195 |
2022 | 7,300 |
2023 | 6,997 |
2024 | 7,151 |
Thereafter | 50,952 |
Total lease payments | 82,153 |
Less: Imputed interest | (22,521 | )
Less: Tenant incentives | (5,607 | )
Total | $ | 54,025 |
_______________ (1) Represents the six months ending December 31, 2020.

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- Definition The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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