XML 22 R11.htm IDEA: XBRL DOCUMENT
v3.21.2

Leases | 9 Months Ended
--- | ---
Sep. 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 | ​ | Nine Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2021 |  | 2020 |  | 2021 |  | 2020
Operating lease cost | ​ | $ | 14,336 | ​ | $ | 16,132 | ​ | $ | 45,391 |  | $ | 48,561
Variable lease cost | ​ |  | 4,298 | ​ |  | 4,204 | ​ |  | 11,417 |  | ​ | 11,256
Short-term lease cost | ​ |  | 6,258 | ​ |  | 12,923 | ​ |  | 13,233 |  | ​ | 30,089
Sublease income | ​ |  | (289) | ​ |  | (344) | ​ |  | (967) |  | ​ | (951)
Net lease cost | ​ | $ | 24,603 | ​ | $ | 32,915 | ​ | $ | 69,074 |  | $ | 88,955
​ Maturities of our operating lease liabilities as of September 30, 2021 are as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | Facilities and |  | ​ | ​
​ |  | Vessels |  | Equipment |  | Total
Less than one year | ​ | $ | 55,817 | ​ | $ | 5,731 |  | $ | 61,548
One to two years | ​ |  | 43,045 | ​ |  | 4,946 |  | ​ | 47,991
Two to three years | ​ |  | 8,013 | ​ |  | 4,689 |  | ​ | 12,702
Three to four years | ​ |  | — | ​ |  | 3,212 |  | ​ | 3,212
Four to five years | ​ |  | — | ​ |  | 1,048 |  | ​ | 1,048
Over five years | ​ |  | — | ​ |  | 4,443 |  | ​ | 4,443
Total lease payments | ​ | $ | 106,875 | ​ | $ | 24,069 |  | $ | 130,944
Less: imputed interest | ​ |  | (7,388) | ​ |  | (4,082) |  | ​ | (11,470)
Total operating lease liabilities | ​ | $ | 99,487 | ​ | $ | 19,987 |  | $ | 119,474
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Current operating lease liabilities | ​ | $ | 50,295 | ​ | $ | 4,756 |  | $ | 55,051
Non-current operating lease liabilities | ​ |  | 49,192 | ​ |  | 15,231 |  | ​ | 64,423
Total operating lease liabilities | ​ | $ | 99,487 | ​ | $ | 19,987 |  | $ | 119,474
​ 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: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, | ​ | December 31,
​ |  | 2021 | ​ | 2020
Weighted average remaining lease term |  | 2.6 | years | ​ | 3.1 | years
Weighted average discount rate |  | 7.59 | % | ​ | 7.53 | %
​ The following table presents other information related to our operating leases (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine Months Ended
​ | ​ | September 30,
​ |  | 2021 |  | 2020
Cash paid for operating lease liabilities | ​ | $ | 46,141 |  | $ | 49,350
Right-of-use assets obtained in exchange for new operating lease obligations | ​ |  | 5,975 |  | ​ | 36
​

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration