Quarterly report pursuant to Section 13 or 15(d)

Lease Agreements (Tables)

v3.20.2
Lease Agreements (Tables)
9 Months Ended
Sep. 30, 2020
Lease Agreements  
Schedule of components of operating lease expense

For the three and nine months ended September 30, 2020, the components of our operating lease expense were as follows (in thousands):

Three Months Ended 

Nine Months Ended 

September 30, 

September 30, 

Fixed operating lease expense

    

$

1,340

    

$

4,020

Variable operating lease expense

237

704

Total operating lease expense

 

$

1,577

 

$

4,724

Schedule of supplemental information related to operating lease

Supplemental information related to the Company’s operating lease for the three and nine months ended September 30, 2020 were as follow (in thousands):

Three Months Ended 

Nine Months Ended 

September 30, 

September 30, 

Cash payments included in the measurement of operating lease liabilities

$

2,431

$

7,263

Schedule of future minimum lease payments

The following table presents the future lease payments of our operating lease liabilities as of September 30, 2020 (in thousands):

Remainder of 2020

$

2,431

2021

10,082

2022

10,485

2023

877

Total operating lease payments

23,875

Less: imputed interest

(2,612)

Total operating lease liabilities

$

21,263

Schedule of operating sublease information

For the three and nine months ended September 30, 2020, we have the following operating sublease information (in thousands):

Three Months Ended 

Nine Months Ended 

September 30, 

September 30, 

Fixed sublease expense

    

$

1,096

    

$

3,286

Variable sublease expense

245

742

Sublease income

(1,341)

(4,028)

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, 2020 (in thousands):

Remainder of 2020

$

1,093

2021

4,534

2022

4,716

2023

394

Total operating lease liabilities

$

10,737