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Leases (Tables)
6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Assets and Liabilities, Lessee The following table provides information on the amounts (in thousands, except lease term and discount rates) of our right-of-use assets (“ROU assets”) and liabilities as of June 30, 2021 and December 31, 2020 and their placement within our condensed consolidated balance sheets:
Lease typeBalance Sheet LocationJune 30, 2021December 31, 2020
Assets
FinanceProperty, plant, and equipment$19,722 $14,998 
FinanceAccumulated amortization(7,437)(6,486)
FinanceProperty, plant, and equipment, net$12,285 $8,512 
OperatingOperating lease right-of-use assets413,292 357,166 
Total right-of-use assets$425,577 $365,678 
Liabilities
Current
FinanceOther accrued liabilities$1,383 $1,491 
OperatingOperating lease liabilities55,507 56,965 
Long-term
FinanceFinance lease liabilities7,049 7,925 
OperatingOperating lease liabilities362,494 304,355 
Total lease liabilities$426,433 $370,736 
Weighted-average remaining lease term (in years)
Finance6.566.97
Operating11.3110.52
Weighted-average discount rate
Finance7.91 %7.93 %
Operating6.81 %7.59 %
Lease, Cost
The following table summarizes the lease costs recognized in our condensed consolidated statements of operations (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
Lease cost type2021202020212020
Finance lease cost
Amortization of finance lease ROU assets$460 $534 $950 $1,014 
Interest on lease liabilities149 164 323 331 
Operating lease cost23,367 27,160 45,744 54,130 
Variable lease cost1,633 1,855 3,405 4,550 
Short-term lease cost174 643 203 842 
Net lease cost$25,783 $30,356 $50,625 $60,867 
    The following table summarizes the supplemental cash flow information related to leases as follows (in thousands):
Six Months Ended June 30,
Lease type20212020
Cash paid for amounts included in the measurement of liabilities
Financing cash flows from finance leases$1,874 $819 
Operating cash flows from finance leases325 322 
Operating cash flows from operating leases44,023 51,179 
Non-cash supplemental amounts
ROU assets obtained in exchange for new finance lease liabilities1,102 1,915 
ROU assets obtained in exchange for new operating lease liabilities87,331 4,557 
ROU assets terminated in exchange for release from operating lease liabilities113 7,738 
Lessee, Operating Lease, Liability, Maturity The table below includes the estimated future undiscounted cash flows for finance and operating leases as of June 30, 2021 (in thousands):
For the year ending December 31, Finance leasesOperating leasesTotal
2021 (1)$996 $43,256 $44,252 
20221,919 76,015 77,934 
20231,912 62,160 64,072 
20241,601 52,232 53,833 
20251,362 50,896 52,258 
2026894 46,392 47,286 
Thereafter2,318 236,641 238,959 
Total lease payments11,002 567,592 578,594 
Less amount representing interest(2,570)(149,591)(152,161)
Present value of lease liabilities$8,432 $418,001 $426,433 
_________________________________________________________
(1)Represents the period from July 1, 2021 to December 31, 2021.
Finance Lease, Liability, Maturity The table below includes the estimated future undiscounted cash flows for finance and operating leases as of June 30, 2021 (in thousands):
For the year ending December 31, Finance leasesOperating leasesTotal
2021 (1)$996 $43,256 $44,252 
20221,919 76,015 77,934 
20231,912 62,160 64,072 
20241,601 52,232 53,833 
20251,362 50,896 52,258 
2026894 46,392 47,286 
Thereafter2,318 236,641 238,959 
Total lease payments11,002 567,592 578,594 
Less amount representing interest(2,570)(149,591)(152,161)
Present value of lease liabilities$8,432 $418,001 $426,433 
_________________________________________________________
(1)Represents the period from July 1, 2021 to December 31, 2021.