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Leases | 12 Months Ended
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Dec. 31, 2019
Leases [Abstract] |
Leases | Leases Disclosures subsequent to the adoption of ASC 842 Lessee At December 31, 2019, the operating and financing components of the Company’s right-of-use assets and lease liabilities on the consolidated balance sheet are as follows:
|  | Balance Sheet Location |  | December 31, 2019
Right-of-use assets |  |  |  |
Operating |  | Operating right-of-use assets |  | $ | 28,178 |
Financing |  | Property, plant and equipment, net |  | 505 |
Total right-of use assets |  |  |  | $ | 28,683 |
Lease liabilities |  |  |  |
Operating |  | Operating lease liabilities, current and long-term portions |  | $ | 28,577 |
Financing |  | Long-term debt, current and long-term portions |  | 590 |
Total lease liabilities |  |  |  | $ | 29,167 |
Operating lease costs are recorded in a single expense on the income statement and allocated to the right-of-use assets and the related lease liabilities as depreciation expense and interest expense, respectively. Lease cost recognized in the consolidated income statement for the year ended December 31, 2019 is as follows:
|  | December 31, 2019
Finance lease cost |  |
Amortization of right-of-use assets |  | $ | 134 |
Interest on lease liabilities |  | 43 |
Operating lease cost |  | 16,640 |
Short-term lease cost |  | 470 |
Total lease cost |  | $ | 17,287 |
Other information related to the Company’s leasing activity for year ended December 31, 2019 is as follows:
Cash paid for amounts included in the measurement of lease liabilities |  |  |
Operating cash flows used for finance leases |  | $ | 43 |
Operating cash flows used for operating leases |  | $ | 16,714 |
Financing cash flows used for finance leases |  | $ | 104 |
Right-of-use assets obtained in exchange for new finance lease liabilities |  | $ | 55 |
Right of use assets upon adoption |  | $ | 35,939 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  | $ | 7,251 |
Weighted average remaining lease term - finance leases |  | 3.6 years
Weighted average discount rate - finance leases |  | 6.55 | %
Weighted average remaining lease term - operating leases |  | 2.6 years
Weighted average discount rate - operating leases |  | 5.50 | %
Maturities of the Company’s lease liabilities as of December 31, 2019 are as follows:
Year |  | Operating Leases |  | Finance Leases |  | Total
2020 |  | $ | 14,292 |  |  | $ | 151 |  |  | $ | 14,443 |
2021 |  | 10,005 |  |  | 151 |  |  | 10,156 |
2022 |  | 4,034 |  |  | 136 |  |  | 4,170 |
2023 |  | 1,394 |  |  | 245 |  |  | 1,639 |
2024 |  | 888 |  |  | — |  |  | 888 |
Total cash lease payments |  | 30,613 |  |  | 683 |  |  | 31,296 |
Less: amounts representing interest |  | (2,036) |  |  | (93) |  |  | (2,129) |
Total lease liabilities |  | $ | 28,577 |  |  | $ | 590 |  |  | $ | 29,167 |
Disclosures prior to the adoption of ASC 842 Capital Leases The Company entered into various lease arrangements to lease equipment. Equipment cost of $657 was capitalized and included in the Company’s property, plant and equipment as of December 31, 2018. Depreciation expense under leased assets for the years ended December 31, 2018 and 2017 was $155 and $255, respectively. Operating Leases Expense related to operating leases and rental agreements for the years ended December 31, 2018 and 2017 was $10,239 and $7,065, respectively. Lease expense related to railcars is included in cost of goods sold in the consolidated statements of operations.

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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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