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v3.21.2

Leases | 6 Months Ended
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Jun. 30, 2021
Leases [Abstract] |
Leases | Note 4 — Leases We charter vessels and lease facilities and equipment under non-cancelable contracts that expire on various dates through 2031. We also sublease some of our facilities under non-cancelable sublease agreements. The following table details the components of our lease cost (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2021 |  | 2020 |  | 2021 |  | 2020
Operating lease cost | ​ | $ | 14,839 | ​ | $ | 16,106 | ​ | $ | 31,055 |  | $ | 32,429
Variable lease cost | ​ |  | 3,635 | ​ |  | 3,840 | ​ |  | 7,119 |  | ​ | 7,052
Short-term lease cost | ​ |  | 5,243 | ​ |  | 9,992 | ​ |  | 6,975 |  | ​ | 17,166
Sublease income | ​ |  | (329) | ​ |  | (328) | ​ |  | (678) |  | ​ | (607)
Net lease cost | ​ | $ | 23,388 | ​ | $ | 29,610 | ​ | $ | 44,471 |  | $ | 56,040
​ Maturities of our operating lease liabilities as of June 30, 2021 are as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | Facilities and |  | ​ | ​
​ |  | Vessels |  | Equipment |  | Total
Less than one year | ​ | $ | 52,106 | ​ | $ | 5,884 |  | $ | 57,990
One to two years | ​ |  | 49,760 | ​ |  | 5,185 |  | ​ | 54,945
Two to three years | ​ |  | 13,557 | ​ |  | 4,722 |  | ​ | 18,279
Three to four years | ​ |  | — | ​ |  | 4,145 |  | ​ | 4,145
Four to five years | ​ |  | — | ​ |  | 1,041 |  | ​ | 1,041
Over five years | ​ |  | — | ​ |  | 4,835 |  | ​ | 4,835
Total lease payments | ​ | $ | 115,423 | ​ | $ | 25,812 |  | $ | 141,235
Less: imputed interest | ​ |  | (9,021) | ​ |  | (4,511) |  | ​ | (13,532)
Total operating lease liabilities | ​ | $ | 106,402 | ​ | $ | 21,301 |  | $ | 127,703
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Current operating lease liabilities | ​ | $ | 45,940 | ​ | $ | 4,829 |  | $ | 50,769
Non-current operating lease liabilities | ​ |  | 60,462 | ​ |  | 16,472 |  | ​ | 76,934
Total operating lease liabilities | ​ | $ | 106,402 | ​ | $ | 21,301 |  | $ | 127,703
​ Maturities of our operating lease liabilities as of December 31, 2020 are as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | Facilities and |  | ​ | ​
​ |  | Vessels |  | Equipment |  | Total
Less than one year | ​ | $ | 54,621 | ​ | $ | 6,028 |  | $ | 60,649
One to two years | ​ |  | 52,106 | ​ |  | 5,435 |  | ​ | 57,541
Two to three years | ​ |  | 34,580 | ​ |  | 4,649 |  | ​ | 39,229
Three to four years | ​ |  | 2,470 | ​ |  | 4,374 |  | ​ | 6,844
Four to five years | ​ |  | — | ​ |  | 2,340 |  | ​ | 2,340
Over five years | ​ |  | — | ​ |  | 4,054 |  | ​ | 4,054
Total lease payments | ​ | $ | 143,777 | ​ | $ | 26,880 |  | $ | 170,657
Less: imputed interest | ​ |  | (13,352) | ​ |  | (4,697) |  | ​ | (18,049)
Total operating lease liabilities | ​ | $ | 130,425 | ​ | $ | 22,183 |  | $ | 152,608
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Current operating lease liabilities | ​ | $ | 46,748 | ​ | $ | 4,851 |  | $ | 51,599
Non-current operating lease liabilities | ​ |  | 83,677 | ​ |  | 17,332 |  | ​ | 101,009
Total operating lease liabilities | ​ | $ | 130,425 | ​ | $ | 22,183 |  | $ | 152,608
​ The following table presents the weighted average remaining lease term and discount rate: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | December 31,
​ |  | 2021 | ​ | 2020
Weighted average remaining lease term |  | 2.8 | years | ​ | 3.1 | years
Weighted average discount rate |  | 7.51 | % | ​ | 7.53 | %
​ The following table presents other information related to our operating leases (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Six Months Ended
​ | ​ | June 30,
​ |  | 2021 |  | 2020
Cash paid for operating lease liabilities | ​ | $ | 31,562 |  | $ | 32,731
ROU assets obtained in exchange for new operating lease obligations | ​ |  | 1,500 |  | ​ | —
​

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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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