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Leases | 9 Months Ended
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Sep. 30, 2020
Leases [Abstract] |
Leases | 9. Leases We have operating and finance lease obligations resulting from the lease of land and buildings that comprise our corporate headquarters and various manufacturing facilities; leases related to additional manufacturing, office, and warehouse space; leases on Company vehicles; and leases on a variety of office and other equipment. We sublease, on an operating lease basis, two unused office space facilities near our corporate office. Total annual sub-lease rental income for these facilities is approximately $905,000. Consolidated balance sheet information related to leases is as follows (in thousands, except lease term and discount rate):
Operating leases: |  | September 30, 2020 |  |  | December 31, 2019
Operating lease right-of-use assets | $ | 28,365 |  | $ | 27,007
Accumulated amortization |  | (8,927) |  |  | (5,013)
Operating lease right-of-use assets, net | $ | 19,438 |  | $ | 21,994
Current maturities of operating leases | $ | 5,678 |  | $ | 5,487
Non-current maturities of operating lease |  | 15,026 |  |  | 17,918
Total operating lease liabilities | $ | 20,704 |  | $ | 23,405
Finance leases: |  |  |  |
Property and equipment, at cost | $ | 7,369 |  | $ | 7,161
Accumulated amortization |  | (1,743) |  |  | (1,279)
Property and equipment, net | $ | 5,626 |  | $ | 5,882
Current maturities of finance leases | $ | 595 |  | $ | 597
Non-current maturities of finance leases |  | 5,206 |  |  | 5,415
Total finance lease liabilities | $ | 5,801 |  | $ | 6,012
Weighted average remaining lease term (in years): |  |  |  |  |
Operating leases |  | 5.2 |  |  | 5.5
Finance leases |  | 10.0 |  |  | 10.6
Weighted average discount rate: |  |  |  |  |
Operating leases |  | 5.2% |  |  | 5.4%
Finance leases |  | 2.0% |  |  | 2.0%
Current maturities of finance leases are included as a component of Other current liabilities and non-current maturities of finance leases are included as a component of Other long-term liabilities on our Summary Consolidated Balance Sheets. A summary of lease expenses for our finance and operating leases included in General, Administrative, and Marketing Expenses on our Summary Consolidated Statements of Operations and Comprehensive Income (Loss) are as follows (in thousands):
| Three Months Ended |  | Nine Months Ended
| September 30, |  | September 30,
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019
Amortization of property and equipment | $ | 164 |  | $ | 188 |  | $ | 487 |  | $ | 608
Interest expense on finance leases |  | 30 |  |  | 30 |  |  | 89 |  |  | 93
Total finance lease expense |  | 194 |  |  | 218 |  |  | 576 |  |  | 701
Operating lease expense |  | 1,806 |  |  | 1,717 |  |  | 5,324 |  |  | 4,870
Sublease income |  | (226) |  |  | (227) |  |  | (679) |  |  | (679)
Total lease expense | $ | 1,774 |  | $ | 1,708 |  | $ | 5,221 |  | $ | 4,892
A summary of our cash flow information related to leases is as follows (in thousands):
|  | Nine Months Ended |  |  | Nine Months Ended
Cash paid for amounts included in the measurement of lease liabilities: |  | September 30, 2020 |  |  | September 30, 2019
Operating cash flows for operating leases | $ | 5,438 |  | $ | 5,004
Financing cash flows for finance leases |  | 465 |  |  | 561
Operating cash flows for finance leases |  | 92 |  |  | 91
Future minimum lease payments and sublease rental income are as follows (in thousands):
| Finance |  | Operating |  | Sublease
| Leases |  | Leases |  | Income
Remainder of 2020 | $ | 178 |  | $ | 1,435 |  | $ | 226
2021 |  | 695 |  |  | 6,823 |  |  | 905
2022 |  | 639 |  |  | 4,340 |  |  | 306
2023 |  | 638 |  |  | 2,877 |  |  | --
2024 |  | 636 |  |  | 2,706 |  |  | --
Thereafter |  | 3,612 |  |  | 5,283 |  |  | --
Total minimum lease payments | $ | 6,398 |  | $ | 23,464 |  | $ | 1,437
Less amount representing interest |  | (597) |  |  | (2,760) |  |  |
Present value of net minimum lease payments |  | 5,801 |  |  | 20,704 |  |  |
Less current maturities |  | (595) |  |  | (5,678) |  |  |
Lease liabilities, less current maturities | $ | 5,206 |  | $ | 15,026 |  |  |

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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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