XML 34 R22.htm IDEA: XBRL DOCUMENT
v3.19.2

LEASES (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Schedule of Company's leases | The table below summarizes the Company’s leases for the six months ended June 30, 2019 (in thousands, except years and discount rate):
|  | Six Months Ended |
|  | June 30, 2019 |
Lease cost |  |  |  |
Operating lease costs |  | $ | 1,288 |
Short-term lease costs |  |  | 9,666 |
Variable lease costs |  |  | 771 |
Total lease costs |  | $ | 11,725 |
Other information |  |  |  |
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |
Operating cash flows from operating leases |  | $ | 1,290 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  |  | 5,462 |
Weighted-average remaining lease term—operating leases |  |  | 3.6 years |
Weighted-average discount rate—operating leases |  |  | 4.83 | %
Schedule of future minimum lease payments associated with the Company's non-cancellable operating leases for office space and equipment | Future minimum lease payments associated with the Company's non-cancellable operating leases for office space and equipment as of June 30, 2019, are presented in the table below (in thousands):
|  | June 30, 2019
Remaining period in 2019 |  | $ | 1,028
2020 |  |  | 1,360
2021 |  |  | 876
2022 |  |  | 574
2023 |  |  | 585
Thereafter |  |  | 345
Total operating lease payments |  |  | 4,768
Less: discount to present value |  |  | 395
Total operating lease liabilities |  |  | 4,373
Less: current operating lease liabilities |  |  | 1,625
Noncurrent operating lease liabilities |  | $ | 2,748
Schedule of future obligations, including variable nonlease components, associated with the Company's non-cancellable operating leases for office space and equipment | Prior to the adoption of ASC 842, future obligations, including variable nonlease components, associated with the Company's non-cancellable operating leases for office space and equipment as of December 31, 2018, are presented in the table below (in thousands):
|  | December 31, 2018
2019 |  | $ | 3,792
2020 |  |  | 2,350
2021 |  |  | 1,899
2022 |  |  | 968
2023 |  |  | 999
Thereafter |  |  | 599
Total operating lease payments |  | $ | 10,607
Leases |
Schedule of impact of adoption on the Company's unaudited condensed consolidated balance sheet | The table below details the impact of adoption on the Company’s unaudited condensed consolidated balance sheet as of January 1, 2019 (in thousands):
|  |  |  | Impact of adoption |  |
|  | December 31, 2018 |  | of ASC 842 |  | January 1, 2019
Other noncurrent assets: |  |  |  |  |  |  |  |  |
Operating lease right of use assets |  | $ | — |  | $ | 5,462 |  | $ | 5,462
Current liabilities: |  |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities |  | $ | 157,848 |  | $ | (85) |  | $ | 157,763
Operating lease liabilities |  |  | — |  |  | 2,103 |  |  | 2,103
Other noncurrent liabilities: |  |  |  |  |  |  |  |  |
Operating lease liabilities |  |  | — |  |  | 3,444 |  |  | 3,444

X
- 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
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
Name: | us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=116846552&loc=d3e765-108305 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(b)(6)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=116846552&loc=d3e725-108305 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details
Name: | us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_AdjustmentsForNewAccountingPronouncementsAxis=us-gaap_AccountingStandardsUpdate201602Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |