XML 41 R30.htm IDEA: XBRL DOCUMENT v3.21.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Supplemental Balance Sheet Information Related to Leases Leasing receivables related to the Company’s net investment in sales-type leases are as follows (in thousands):
Balance Sheet LocationJune 30, 2021
Leasing receivables, net - currentOther current assets$9,983 
Leasing receivables - long-termOther assets36,309 
$46,292 
Supplemental balance sheet information related to leases is as follows (in thousands):
Balance Sheet LocationJune 30, 2021December 31, 2020
Operating Leases
ROU assets, netOperating lease ROU assets, net$1,057,225 $194,776 
Lease liabilities, short-termOperating lease liabilities, short-term$55,492 $29,579 
Lease liabilities, long-termOperating lease liabilities, long-term$1,174,780 $177,996 
Finance Leases
ROU assets, net, Other assets$2,077 $1,003 
Lease liabilities, short-termAccrued expenses$1,169 $252 
Lease liabilities, long-termLong-term other$1,672 $447 
Supplemental balance sheet information related to DLF contracts is as follows (in thousands):
Balance Sheet LocationJune 30, 2021
DLF contracts liabilities, short-termAccrued expenses$516 
DLF contracts liabilities, long-termDeemed landlord financing, long-term$263,219 
Components of Lease Expense and Other Information Related to Leases The components of lease expense are as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
Operating lease costs$40,915 $10,279 $61,412 $21,301 
Financing lease costs:
Amortization of right-of-use assets854 153 1,177 320 
Interest on lease liabilities26 11 46 22 
Total financing lease costs880 164 1,223 342 
Variable lease costs1,953 587 2,532 1,883 
Total lease costs$43,748 $11,030 $65,167 $23,526 

Other information related to leases was as follows (in thousands):
Six Months Ended June 30,
Supplemental Cash Flows Information20212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$52,513 $18,227 
Operating cash flows from finance leases$311 $22 
Financing cash flows from finance leases$200 $206 
Lease liabilities arising from new ROU assets:
Operating leases$33,000 $53,417 
Finance leases$188 $130 
June 30, 2021December 31, 2020
Weighted average remaining lease term (years):
Operating leases14.49.8
Finance leases2.63.0
Weighted average discount rate:
Operating leases8.2 %5.3 %
Finance leases5.4 %3.9 %
The components of DLF contracts expenses are as follows (in thousands):
Three Months Ended
June 30, 2021		Six Months Ended
June 30, 2021
Amortization of DLF contracts$1,337 $1,704 
Interest on DLF contracts5,638 7,146 
Total DLF contracts expenses$6,975 $8,850 
Other information related to DLF contracts was as follows (in thousands):
Supplemental Cash Flows InformationSix Months Ended
June 30, 2021
Financing cash flows from DLF contracts$8,789 

June 30, 2021
Weighted average remaining lease term (years)19.4
Weighted average discount rate8.9 %
Future Minimum Lease Obligations
Future minimum lease obligations as of June 30, 2021 were as follows (in thousands):
 Operating LeasesFinance Leases
Remainder of 2021$67,587 $584 
2022149,746 1,261 
2023147,019 771 
2024143,893 367 
2025142,622 24 
Thereafter1,514,983 8 
Total future lease payments2,165,850 3,015 
Less: imputed interest935,578 174 
Total$1,230,272 $2,841 
Future Minimum Lease Obligations
Future minimum lease obligations as of June 30, 2021 were as follows (in thousands):
 Operating LeasesFinance Leases
Remainder of 2021$67,587 $584 
2022149,746 1,261 
2023147,019 771 
2024143,893 367 
2025142,622 24 
Thereafter1,514,983 8 
Total future lease payments2,165,850 3,015 
Less: imputed interest935,578 174 
Total$1,230,272 $2,841 
Future minimum financing obligations related to DLF contracts as of June 30, 2021 were as follows (in thousands):
Remainder of 2021$9,845 
202223,225 
202323,062 
202423,253 
202523,581 
Thereafter412,498 
Total future lease payments515,464 
Less: imputed interest251,729 
Total$263,735