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LEASES (Tables) | 6 Months Ended
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Jun. 30, 2020
LEASES |
Balance Sheet Information For Leases |
(In thousands) |  |  |  |  |  |  |  |
Leases |  | Balance Sheet Classification |  | June 30, 2020 |  | December 31, 2019
Assets |  |  |  |  |  |  |  |
Operating lease assets |  | Operating Lease Right-of-Use Assets, Net |  | $ | 18,917 |  | $ | 19,171
Finance lease assets |  | Property and Equipment, Net(1) |  |  | 4,958 |  |  | 5,037
Total lease assets |  |  |  | $ | 23,875 |  | $ | 24,208
Liabilities |  |  |  |  |  |  |  |
Current |  |  |  |  |  |  |  |
Operating |  | Current Portion of Operating Lease Obligations |  | $ | 3,166 |  | $ | 2,707
Finance |  | Current Portion of Finance Lease Obligation |  |  | 481 |  |  | 448
Noncurrent |  |  |  |  |  |  |  |
Operating |  | Operating Lease Obligations, Net of Current Portion |  |  | 16,130 |  |  | 16,706
Finance |  | Finance Lease Obligation, Net of Current Portion |  |  | 3,546 |  |  | 3,829
Total lease liabilities |  |  |  | $ | 23,323 |  | $ | 23,690
(1)Finance lease assets are recorded net of accumulated amortization of $2.8 million as of June 30, 2020.
Components of Lease Expense, Lease Term and Discount Rate and Cash Flow Information |
(In thousands) |  |  |  | Three Months Ended |  | Six Months Ended
|  |  |  | June 30, |  | June 30,
Lease Costs |  | Statement of Operations Classification |  | 2020 |  | 2019 |  | 2020 |  | 2019
Operating leases: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed/base rent |  | Selling, General and Administrative Expenses |  | $ | 1,199 |  | $ | 958 |  | $ | 2,399 |  | $ | 1,918
Variable payments |  | Selling, General and Administrative Expenses |  |  | 4 |  |  | 171 |  |  | 158 |  |  | 355
Finance lease: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of leased assets |  | Depreciation and Amortization |  |  | 39 |  |  | 39 |  |  | 79 |  |  | 79
Interest on lease liabilities |  | Interest Expense, Net |  |  | 62 |  |  | 52 |  |  | 94 |  |  | 106
Total lease costs |  |  |  | $ | 1,304 |  | $ | 1,220 |  | $ | 2,730 |  | $ | 2,458
Lease Term and Discount Rate |  | June 30, 2020 |  | December 31, 2019
Weighted-average remaining lease term |  |  |  |  |  |
Operating leases |  | 19.8 | years |  | 20.2 | years
Finance lease |  | 7.3 | years |  | 7.8 | years
Weighted-average discount rate |  |  |  |  |  |
Operating leases(1) |  | 9.40 | % |  | 9.40 | %
Finance lease |  | 4.50 | % |  | 4.50 | %
(1)Upon adoption of the new lease standard, discount rates used for existing operating leases were established on January 1, 2019.
(In thousands) |  | Six Months Ended
|  | June 30,
Cash paid for amounts included in the measurement of lease liabilities: |  | 2020 |  | 2019
Operating cash flows for operating leases |  | $ | 1,659 |  | $ | 1,928
Operating cash flows for finance lease |  | $ | 94 |  | $ | 106
Financing cash flows for finance lease |  | $ | 251 |  | $ | 263
Operating Lease, Liability, Maturity |
(In thousands) |  |  |  |  |  |
|  | Operating |  | Financing
Years Ending December 31, |  | Leases |  | Lease(1)
2020 (excluding the six months ended June 30, 2020) |  | $ | 2,397 |  | $ | 272
2021 |  |  | 4,684 |  |  | 652
2022 |  |  | 4,468 |  |  | 652
2023 |  |  | 2,876 |  |  | 652
2024 |  |  | 1,135 |  |  | 652
Thereafter |  |  | 31,017 |  |  | 1,847
Total future minimum lease payments |  |  | 46,577 |  |  | 4,727
Less: Amount representing interest |  |  | (27,281) |  |  | (700)
Present value of lease liabilities |  |  | 19,296 |  |  | 4,027
Less: Current lease obligations |  |  | (3,166) |  |  | (481)
Long-term lease obligations |  | $ | 16,130 |  | $ | 3,546
(1)The Company’s only material finance lease is at Rising Star Casino Resort for a 104‑room hotel.
Finance Lease, Liability, Maturity |
(In thousands) |  |  |  |  |  |
|  | Operating |  | Financing
Years Ending December 31, |  | Leases |  | Lease(1)
2020 (excluding the six months ended June 30, 2020) |  | $ | 2,397 |  | $ | 272
2021 |  |  | 4,684 |  |  | 652
2022 |  |  | 4,468 |  |  | 652
2023 |  |  | 2,876 |  |  | 652
2024 |  |  | 1,135 |  |  | 652
Thereafter |  |  | 31,017 |  |  | 1,847
Total future minimum lease payments |  |  | 46,577 |  |  | 4,727
Less: Amount representing interest |  |  | (27,281) |  |  | (700)
Present value of lease liabilities |  |  | 19,296 |  |  | 4,027
Less: Current lease obligations |  |  | (3,166) |  |  | (481)
Long-term lease obligations |  | $ | 16,130 |  | $ | 3,546
(1)The Company’s only material finance lease is at Rising Star Casino Resort for a 104‑room hotel.

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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