Annual report pursuant to Section 13 and 15(d)

LEASE AGREEMENTS (Tables)

v3.10.0.1
LEASE AGREEMENTS (Tables)
12 Months Ended
Dec. 31, 2018
LEASE AGREEMENTS  
Schedule of changes in liability related to sublease agreement

The changes in the liability related to the sublease agreement during the years ended December 31, 2018, 2017 and 2016 were as follows (in thousands):

 

 

 

 

 

 

Balance at January 1, 2016

    

$

6,465

 

Accretion of deferred liability

 

 

357

 

Amortization of deferred liability

 

 

(3,362)

 

Balance at December 31, 2016

 

 

3,460

 

Increase in deferred liability

 

 

495

 

Accretion of deferred liability

 

 

157

 

Amortization of deferred liability

 

 

(3,828)

 

Balance at December 31, 2017

 

 

284

 

Accretion of deferred liability

 

 

 2

 

Amortization of deferred liability

 

 

(286)

 

Balance at December 31, 2018

 

$

 —

 

 

Schedule of future minimum lease payments and obligations under noncancelable operating lease, net of sublease receipts

At December 31, 2018, future minimum lease payments and obligations under our noncancelable operating lease, net of expected sublease receipts, were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating

 

Sublease

 

 

 

 

For years ending December 31,

    

Lease

    

Receipts

    

Net

 

2019

 

$

9,321

 

$

(4,192)

 

$

5,129

 

2020

 

 

9,694

 

 

(4,360)

 

 

5,334

 

2021

 

 

10,082

 

 

(4,534)

 

 

5,548

 

2022

 

 

10,485

 

 

(4,716)

 

 

5,769

 

2023

 

 

877

 

 

(394)

 

 

483

 

Total minimum payments required

 

$

40,459

 

$

(18,196)

 

$

22,263