Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.20.1
Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Components of Lease Costs

Years Ended December 31, 2019

Lease cost:

(in thousands)

Operating lease cost

$

16,428

Short-term lease cost

3,470

Variable lease cost

5,819

Total lease expense

25,717

Lease costs capitalized

3,653

Total lease costs

$

29,370

Other information:

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows to operating leases

$

19,229

Weighted-average remaining lease term

2.7 years 

Weighted-average discount rate

6.18% 

Lease Cost on Consolidated Statement of Operations

Years Ended December 31, 2019

(in thousands)

Production expense

$

7,859

General and administrative expense

196

Lease costs billed to the joint venture owners

20,181

Total lease expense

28,236

Lease costs capitalized

1,134

Total lease costs

$

29,370

Schedule of Future Maturities of Operating Lease Liabilities

Lease Obligation

Year

(in thousands)

2020

$

13,655

2021

13,310

2022

9,130

2023

2024

36,095

Less: imputed interest

2,734

Total lease liabilities

$

33,361