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LEASES

6 Months Ended

Jun. 30, 2021

Leases [Abstract]

LEASES

LEASES

Our lease obligations consist of operating and finance leases related to real estate and equipment. The components of lease cost are as follows (in thousands):

									Three months ended June 30,												Six months ended June 30,
			Income Statement Classification						2020						2021						2020						2021
Operating lease cost			Facilities and grounds expense(1)						$	954					$	964					$	1,911					$	1,924
Short-term lease cost			Facilities and grounds expense(1)						38						57						70						106
Variable lease cost			Facilities and grounds expense(1)						1						16						26						57
Finance lease cost:
Depreciation of leased assets			Depreciation and amortization(2)						$	109					$	109					$	218					$	217
Interest on lease liabilities			Interest expense						125						119						251						239
Total finance lease cost									234						228						469						456
Total lease cost									$	1,227					$	1,265					$	2,476					$	2,543

(1)			Facilities and grounds expense is included within Cost of service and General, administrative and other on our Consolidated Statements of Operations.
(2)			Depreciation and amortization expense is included within Field depreciation and Home office depreciation and amortization on our Consolidated Statements of Operations.

Supplemental cash flow information related to our leases is as follows (in thousands):

			Six months ended June 30,
			2020						2021
Cash paid for operating leases included in operating activities			$	1,507					$	1,930
Cash paid for finance leases included in financing activities			400						417

Right-of-use assets obtained in exchange for new leases is as follows (in thousands):

			Six months ended June 30,
			2020						2021
Right-of-use assets obtained in exchange for new operating lease liabilities			$	77					$	75
Right-of-use assets obtained in exchange for new finance lease liabilities			—						—

Supplemental balance sheet information related to leases is as follows (in thousands):

Lease Type			Balance Sheet Classification			December 31, 2020						June 30, 2021
Operating lease right-of-use assets			Operating lease right-of-use assets			$	21,201					$	20,256
Finance lease right-of-use assets			Property, plant and equipment, net			$	6,770					$	6,770
Accumulated depreciation			Property, plant and equipment, net			(2,005)						(2,222)
Finance lease right-of-use assets, net						$	4,765					$	4,548
Operating lease current liabilities			Current portion of operating lease obligations			$	2,082					$	2,018
Finance lease current liabilities			Current portion of finance lease obligations			323						340
Total current lease liabilities						$	2,405					$	2,358
Operating lease non-current liabilities			Obligations under operating leases, net of current portion			$	20,302					$	19,420
Finance lease non-current liabilities			Obligations under finance leases, net of current portion			5,531						5,356
Total non-current lease liabilities						$	25,833					$	24,776
Total lease liabilities						$	28,238					$	27,134

The average lease terms and discount rates at June 30, 2021 are as follows:

			Weighted-average remaining lease term (years)						Weighted-average discount rate
Operating leases			10.3						8.1		%
Finance leases			5.4						8.2		%

The aggregate future lease payments for operating and finance leases at June 30, 2021 are as follows (in thousands):

			Operating						Finance
Lease payments due:
Remainder of 2021			$	1,898					$	418
2022			3,453						860
2023			3,326						860
2024			3,301						791
2025			3,162						736
Thereafter			16,187						5,555
Total lease payments			31,327						9,220
Less: Interest			(9,889)						(3,524)
Present value of lease liabilities			$	21,438					$	5,696

At June 30, 2021, we had no additional significant operating or finance leases that had not yet commenced.

LEASES

LEASES

Our lease obligations consist of operating and finance leases related to real estate and equipment. The components of lease cost are as follows (in thousands):

									Three months ended June 30,												Six months ended June 30,
			Income Statement Classification						2020						2021						2020						2021
Operating lease cost			Facilities and grounds expense(1)						$	954					$	964					$	1,911					$	1,924
Short-term lease cost			Facilities and grounds expense(1)						38						57						70						106
Variable lease cost			Facilities and grounds expense(1)						1						16						26						57
Finance lease cost:
Depreciation of leased assets			Depreciation and amortization(2)						$	109					$	109					$	218					$	217
Interest on lease liabilities			Interest expense						125						119						251						239
Total finance lease cost									234						228						469						456
Total lease cost									$	1,227					$	1,265					$	2,476					$	2,543

(1)			Facilities and grounds expense is included within Cost of service and General, administrative and other on our Consolidated Statements of Operations.
(2)			Depreciation and amortization expense is included within Field depreciation and Home office depreciation and amortization on our Consolidated Statements of Operations.

Supplemental cash flow information related to our leases is as follows (in thousands):

			Six months ended June 30,
			2020						2021
Cash paid for operating leases included in operating activities			$	1,507					$	1,930
Cash paid for finance leases included in financing activities			400						417

Right-of-use assets obtained in exchange for new leases is as follows (in thousands):

			Six months ended June 30,
			2020						2021
Right-of-use assets obtained in exchange for new operating lease liabilities			$	77					$	75
Right-of-use assets obtained in exchange for new finance lease liabilities			—						—

Supplemental balance sheet information related to leases is as follows (in thousands):

Lease Type			Balance Sheet Classification			December 31, 2020						June 30, 2021
Operating lease right-of-use assets			Operating lease right-of-use assets			$	21,201					$	20,256
Finance lease right-of-use assets			Property, plant and equipment, net			$	6,770					$	6,770
Accumulated depreciation			Property, plant and equipment, net			(2,005)						(2,222)
Finance lease right-of-use assets, net						$	4,765					$	4,548
Operating lease current liabilities			Current portion of operating lease obligations			$	2,082					$	2,018
Finance lease current liabilities			Current portion of finance lease obligations			323						340
Total current lease liabilities						$	2,405					$	2,358
Operating lease non-current liabilities			Obligations under operating leases, net of current portion			$	20,302					$	19,420
Finance lease non-current liabilities			Obligations under finance leases, net of current portion			5,531						5,356
Total non-current lease liabilities						$	25,833					$	24,776
Total lease liabilities						$	28,238					$	27,134

The average lease terms and discount rates at June 30, 2021 are as follows:

			Weighted-average remaining lease term (years)						Weighted-average discount rate
Operating leases			10.3						8.1		%
Finance leases			5.4						8.2		%

The aggregate future lease payments for operating and finance leases at June 30, 2021 are as follows (in thousands):

			Operating						Finance
Lease payments due:
Remainder of 2021			$	1,898					$	418
2022			3,453						860
2023			3,326						860
2024			3,301						791
2025			3,162						736
Thereafter			16,187						5,555
Total lease payments			31,327						9,220
Less: Interest			(9,889)						(3,524)
Present value of lease liabilities			$	21,438					$	5,696

At June 30, 2021, we had no additional significant operating or finance leases that had not yet commenced.

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- References

No definition available.

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- Definition

The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance 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

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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

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