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Leases (Tables)
 6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Supplemental Balance Sheet Information
Supplemental balance sheet information related to leases was as follows (in thousands):
June 30, 2021December 31, 2020
Finance lease right-of-use assets, net(1)
$81,823$46,746 
Finance lease liabilities
Current24,84914,385 
Noncurrent39,24124,091 
Total finance lease liabilities$64,090$38,476 
Weighted average remaining lease term - finance leases (in months)40.4 42.9 
Weighted average discount rate - finance leases(2)
5.82 %5.77 %
(1) Finance lease right-of-use assets are recorded net of accumulated amortization of $12.3 million and $9.8 million and are included in property, plant and equipment, net in the Condensed Balance Sheet as of June 30, 2021 and the Balance Sheet as of December 31, 2020, respectively.
(2) When an implicit discount rate is not readily available in a lease, the Company uses its incremental borrowing rate based on information available at the commencement date when determining the present value of lease payments.
Components of Lease Expense The components of lease expense were as follows (in thousands):
For the three months ended
June 30,		For the six months ended
June 30,
2021202020212020
Operating lease cost(1):
$1,600 $501 $2,790 $793 
Finance lease cost:
Amortization of leased assets2,708 2,918 6,833 5,916 
Interest on lease liabilities1,122 542 1,916 1,088 
Net lease cost$5,430 $3,961 $11,539 $7,797 
(1) Includes leases that are for periods of 12 months or less.
Maturities of Lease Liabilities
Maturities of lease liabilities were as follows (in thousands):
Finance Leases(1)
2021$16,490 
202227,006 
202322,781 
20243,178 
20251,353 
Thereafter156 
Total70,964 
Less: amount representing interest(6,874)
Present value of lease liabilities$64,090 
(1) Finance lease payments include $3.0 million of future payments required under signed lease agreements that have not yet commenced.
Supplemental Cash Flow Information Related to Leases Supplemental cash flow information related to leases was as follows (in thousands):
For the six months ended
June 30,
20212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases$1,916 $1,088 
Financing cash flows from finance leases$13,984 $7,985 
Non-cash right-of-use assets obtained in exchange for lease obligations:
Finance leases$41,889 $4,394