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Leases (Tables)
 9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Sales-Type Lease, Revenue Leasing revenue attributed to sales-type leases consists of the selling price and interest income as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
20212021
Sales-type lease selling price(1)
$7,529 $21,113 
Cost of underlying assets(2,990)(8,583)
Operating profit$4,539 $12,530 
Interest income$1,425 $3,011 
(1) Selling price is equal to the present value of lease payments over the non-cancellable term.
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 LocationSeptember 30, 2021
Leasing receivables, net - short-termOther current assets$12,016 
Leasing receivables - long-termOther assets38,604 
$50,620 
Supplemental balance sheet information related to leases is as follows (in thousands):
Balance Sheet LocationSeptember 30, 2021December 31, 2020
Operating Leases
ROU assets, netOperating lease ROU assets, net$1,066,124 $194,776 
Lease liabilities, short-termOperating lease liabilities, short-term$55,507 $29,579 
Lease liabilities, long-termOperating lease liabilities, long-term$1,181,443 $177,996 
Finance Leases
ROU assets, netOther assets$12,025 $1,003 
Lease liabilities, short-termAccrued expenses$1,269 $252 
Lease liabilities, long-termLong-term other$12,121 $447 
Supplemental balance sheet information related to DLF obligations is as follows (in thousands):
Balance Sheet LocationSeptember 30, 2021
DLF obligation liabilities, short-termAccrued expenses$580 
DLF obligation liabilities, long-termDeemed landlord financing, long-term$312,027 
Components of Lease Expense and Other Information Related to Leases
The components of lease expense are as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
Operating lease costs$41,610 $10,458 $103,022 $31,759 
Financing lease costs:
Amortization of right-of-use assets810 185 1,987 505 
Interest on lease liabilities130 9 176 31 
Total financing lease costs940 194 2,163 536 
Variable lease costs1,393 590 3,925 2,473 
Total lease costs$43,943 $11,242 $109,110 $34,768 

Other information related to leases was as follows (in thousands):
Nine Months Ended September 30,
Supplemental Cash Flows Information20212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases$95,757 $29,122 
Operating cash outflows from finance leases$390 $31 
Financing cash outflows from finance leases$465 $530 
Lease liabilities arising from new ROU assets:
Operating leases$87,484 $54,678 
Finance leases$10,959 $131 
September 30, 2021December 31, 2020
Weighted average remaining lease term (years):
Operating leases14.49.8
Finance leases17.43.0
Weighted average discount rate:
Operating leases8.2 %5.3 %
Finance leases5.3 %3.9 %
The components of DLF obligation expenses are as follows (in thousands):
Three Months Ended
September 30, 2021		Nine Months Ended
September 30, 2021
Amortization of DLF obligations$1,804 $3,507 
Interest on DLF obligations6,528 13,674 
Total DLF contracts expenses$8,332 $17,181 
Principal payments on DLF obligations presented below are included in repayments of long-term debt in the accompanying consolidated condensed statement of cash flows for the nine months ended September 30, 2021.
Supplemental Cash Flows Information (in thousands)Nine Months Ended
September 30, 2021
Financing cash outflows from DLF obligations$14,039 

September 30, 2021
Weighted average remaining lease term (years)19.25
Weighted average discount rate8.8 %
Future Minimum Operating Lease Obligations
Future minimum lease obligations as of September 30, 2021 were as follows (in thousands):
Operating LeasesFinance Leases
Remainder of 2021$37,341 $343 
2022151,948 1,585 
2023150,345 1,580 
2024147,680 1,179 
2025145,734 836 
Thereafter1,566,420 16,123 
Total future lease payments2,199,468 21,646 
Less: imputed interest962,518 8,256 
Total$1,236,950 $13,390 
Future Minimum Financing Lease Obligations
Future minimum lease obligations as of September 30, 2021 were as follows (in thousands):
Operating LeasesFinance Leases
Remainder of 2021$37,341 $343 
2022151,948 1,585 
2023150,345 1,580 
2024147,680 1,179 
2025145,734 836 
Thereafter1,566,420 16,123 
Total future lease payments2,199,468 21,646 
Less: imputed interest962,518 8,256 
Total$1,236,950 $13,390 
Future minimum financing obligations related to DLF obligations as of September 30, 2021 were as follows (in thousands):
Remainder of 2021$6,742 
202227,176 
202327,044 
202427,335 
202527,728 
Thereafter486,354 
Total future lease payments602,379 
Less: imputed interest289,772 
Total$312,607