The balance sheet presentation of our operating and finance leases is as follows:

		December 31,
(in thousands)	Classification on the Consolidated Balance Sheet	2019
Assets:
Operating lease assets	Operating lease right-of-use assets	$	103,314
Finance lease assets	Property and equipment, net		25,350
Total lease assets		$	128,664

Liabilities:
Current:
Operating lease obligations	Operating lease obligations	$	22,180
Finance lease obligations	Current portion of debt and finance lease obligations		3,386
Noncurrent:
Operating lease obligations	Long-term operating lease obligations		82,851
Finance lease obligations	Long-term debt and finance lease obligations		21,871
Total lease liabilities		$	130,288

	Year Ended
(in thousands)	December 31, 2019
Finance lease cost:
Amortization of right-of-use assets	$	2,780
Interest on lease liabilities		924
Operating lease cost		26,511
Short-term lease cost		1,932
Variable lease cost		6,271
Total lease cost, net	$	38,418

	Year Ended
(in thousands)	December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	28,146
Operating cash flows from finance leases	$	502
Financing cash flows from finance leases	$	2,698
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	125,755
Finance leases	$	18,822


	December 31, 2019
Weighted-average remaining lease term (years):
Operating leases		8.17
Finance leases		14.01
Weighted-average discount rate:
Operating leases		5.77	%
Finance leases		7.73	%

As of December 31, 2019, the estimated future minimum lease payments under non-cancellable leases, excluding variable leases and variable non-lease components, are as follows:

(in thousands)	Operating Leases			Finance Leases			Total
2020	$	25,449		$	4,868		$	30,317
2021		18,600			4,113			22,713
2022		16,310			3,620			19,930
2023		13,257			3,185			16,442
2024		9,978			2,524			12,502
Thereafter		54,388			24,222			78,610
Total future lease payments		137,982			42,532			180,514
Less: Amount representing interest		(32,951	)		(17,275	)		(50,226	)
Present value of minimum lease payments		105,031			25,257			130,288
Current portion		22,180			3,386			25,566
Long-term portion	$	82,851		$	21,871		$	104,722

As of December 31, 2019, the estimated future minimum rentals under non-cancellable leases, which includes rental income from facilities that we own and sublease income from facilities that we lease, are as follows:

(in thousands)
2020	$	2,141
2021		1,837
2022		1,491
2023		1,289
2024		1,038
Thereafter		4,402
Total minimum sublease rents	$	12,198

As of December 31, 2019, we had certain facility and land leases that were executed but for which we did not have control of the underlying assets. Accordingly, we did not record the lease liabilities and right-of-use assets on our Consolidated Balance Sheets. These leases include future planned attractions for Pursuit that are currently in the planning or development phase and that we expect the lease commencement dates to begin between fiscal years 2020 and 2022 with lease terms of 15 to 47 years.

As previously disclosed in our 2018 Form 10-K and under the previous lease accounting standard, our future minimum rental payments and related sublease rentals receivable with respect to non-cancelable operating leases with terms in excess of one year would have been as follows as of December 31, 2018:

(in thousands)	Rental Payments		Receivable Under Subleases
2019	$	28,671	$	2,382
2020		22,919		1,582
2021		13,217		1,711
2022		8,280		1,370
2023		6,201		1,270
Thereafter		8,305		2,798
Total	$	87,593	$	11,113