Quarterly report pursuant to Section 13 or 15(d)

Lease Agreements (Tables)

v3.19.3
Lease Agreements (Tables)
9 Months Ended
Sep. 30, 2019
Lease Agreements  
Schedule of components of operating lease expense

 

For the three and nine months ended September 30, 2019, the components of our operating lease expense were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended 

 

 

Nine Months Ended 

 

 

 

September 30, 

 

 

September 30, 

 

 

2019

 

2019

Fixed operating lease expense

    

$

1,340

    

$

3,908

Variable operating lease expense

 

 

242

 

 

620

Total operating lease expense

 

$

1,582

 

$

4,528

 

Schedule of cash flow information related to operating lease

Supplemental information related to the Company’s operating lease for the three and nine months ended September 30, 2019 were as follow (in thousands):

 

 

 

 

 

 

 

 

Cash payments included in the measurement of operating lease liabilities

 

$

2,338

 

$

6,984

Right-of-use asset obtained in exchange for operating lease obligations

 

 

 

 

 

Schedule of maturity of operating lease liabilities

The following table presents the future lease payments of our operating lease liabilities as of September 30, 2019 (in thousands):

 

 

 

 

 

Remainder of 2019

 

$

2,338

2020

 

 

9,694

2021

 

 

10,082

2022

 

 

10,485

2023

 

 

877

Total operating lease payments

 

 

33,476

Less: imputed interest

 

 

(5,042)

Total operating lease liabilities

 

$

28,434

 

Schedule of operating sublease information

For the three and nine months ended September 30, 2019, we have the following operating sublease information (in thousands):

 

 

 

 

 

 

 

 

 

 

Three Months Ended 

 

 

Nine Months Ended 

 

 

 

September 30, 

 

 

September 30, 

 

 

2019

 

2019

Fixed sublease expense

    

$

1,096

    

$

3,286

Variable sublease expense

 

 

210

 

 

618

Sublease income

 

 

(1,306)

 

 

(3,904)

Net

 

$

 —

 

$

 —

 

Schedule of future lease payments expected to be received under sublease

The following table presents the future lease payments we expect to receive under our sublease as of September 30, 2019 (in thousands):

 

 

 

 

 

Remainder of 2019

 

$

1,051

2020

 

 

4,360

2021

 

 

4,534

2022

 

 

4,716

2023

 

 

394

Total operating lease liabilities

 

$

15,055