| Schedule of lease related to components of lease expense, supplemental cash flow information, other information |
The components of lease expense were as follows:
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Three Months
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Ended March 31,
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2019
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Operating lease expense
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$
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885
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Finance lease expense:
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Amortization of assets included in property and equipment, net
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524
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Interest on lease liabilities
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56
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Total finance lease expense
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$
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580
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Supplemental cash flow information related to leases was as follows:
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Three Months
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Ended March 31,
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2019
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Cash paid for amounts included in the measurement of lease liabilities:
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Operating cash flows from operating leases
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$
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(977)
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Operating cash flows from finance leases
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(56)
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Financing cash flows from finance leases
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(1,176)
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Right-of-use assets obtained in exchange for lease obligations:
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Operating leases
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16,916
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Other information related to leases was as follows:
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March 31, 2019
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Weighted average remaining lease term:
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Operating leases
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6.8
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years
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Financing leases
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1.7
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years
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Weighted average discount rate:
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Operating leases
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5.3
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%
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Finance leases
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3.2
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%
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| Schedule of future minimum lease payments under non-cancellable leases |
Future minimum lease payments under non-cancellable leases as of March 31, 2019 as presented in accordance with ASC 842 were as follows:
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Operating
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Finance
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Leases
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Leases
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April 1, 2019 – December 31, 2019
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$
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2,739
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$
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3,142
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January 1, 2020―December 31, 2020
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3,609
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2,784
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January 1, 2021―December 31, 2021
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3,508
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574
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January 1, 2022―December 31, 2022
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3,541
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—
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January 1, 2023―December 31, 2023
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3,626
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—
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January 1, 2024―December 31, 2024
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3,639
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—
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Thereafter
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5,235
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—
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Total future minimum lease payments
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25,897
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6,500
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Less: Imputed interest
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(4,246)
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(182)
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Total
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21,651
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6,318
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Current portion of operating and finance leases
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2,736
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3,843
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Long-term portion of operating and finance leases
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$
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18,915
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$
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2,475
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Future minimum lease payments under non-cancellable leases as of December 31, 2018 as presented in accordance with ASC 840, Leases, were as follows:
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Operating
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Capital
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Leases
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Leases
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January 1, 2019 – December 31, 2019
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$
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3,573
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$
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4,373
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January 1, 2020―December 31, 2020
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3,456
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2,783
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January 1, 2021―December 31, 2021
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3,385
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574
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January 1, 2022―December 31, 2022
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3,414
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—
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January 1, 2023―December 31, 2023
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3,495
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—
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Thereafter
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8,835
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—
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Minimum lease payments
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$
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26,158
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7,730
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Less: Amounts representing interest ranging from 1.3% to 7.7%
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(236)
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Minimum lease payments
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7,494
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Current portion of capital leases
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4,201
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Long-term portion of capital leases
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$
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3,293
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