Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.20.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Components of Lease Costs

Three Months Ended March 31, 2020

Lease cost:

(in thousands)

Operating lease cost

$

4,190

Short-term lease cost

1,032

Variable lease cost

1,926

Total lease expense

7,148

Lease costs capitalized

3,281

Total lease costs

$

10,429

Other information:

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

Operating cash flows to operating leases

$

8,510

Weighted-average remaining lease term

2.45 years 

Weighted-average discount rate

6.16% 
Lease Cost on Consolidated Statement of Operations

Three Months Ended March 31, 2020

(in thousands)

Production expense

$

2,205

General and administrative expense

49

Lease costs billed to the joint venture owners

7,073

Total lease expense

9,327

Lease costs capitalized

1,102

Total lease costs

$

10,429
Schedule of Future Maturities of Operating Lease Liabilities

Lease Obligation

Year

(in thousands)

2020

$

10,236

2021

13,310

2022

9,130

2023

—

2024

—

32,676

Less: imputed interest

2,247

Total lease liabilities

$

30,429