Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.20.2
Leases (Tables)
 9 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Components of Lease Costs

Three Months Ended September 30,

Nine Months Ended September 30,

2020

2019

2020

2019

Lease cost:

(in thousands)

Operating lease cost

$

4,519

$

4,820

$

13,044

$

12,154

Short-term lease cost

457

166

908

570

Variable lease cost

1,715

1,652

5,779

4,390

Total lease expense

6,691

6,638

19,731

17,114

Lease costs capitalized

11

99

3,470

99

Total lease costs

$

6,702

$

6,737

$

23,201

$

17,213

Other information:

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

Operating cash flows to operating leases

$

20,564

Weighted-average remaining lease term

2.0 years 

Weighted-average discount rate

6.09% 
Lease Cost on Consolidated Statement of Operations

Three Months Ended September 30,

Nine Months Ended September 30,

2020

2019

2020

2019

(in thousands)

Production expense

$

2,063

$

1,979

$

6,082

$

5,202

General and administrative expense

49

49

147

147

Lease costs billed to the joint venture owners

4,586

4,610

15,807

11,765

Total lease expense

6,698

6,638

22,036

17,114

Lease costs capitalized

4

99

1,165

99

Total lease costs

$

6,702

$

6,737

$

23,201

$

17,213

Schedule of Future Maturities of Operating Lease Liabilities

Lease Obligation

Year

(in thousands)

2020

$

3,489

2021

13,864

2022

9,685

2023

179

2024

—

27,217

Less: imputed interest

1,528

Total lease liabilities

$

25,689