Subsequent Events (Notes)
|9 Months Ended|
Sep. 30, 2019
|Subsequent Events [Abstract]|
|Subsequent Events [Text Block]||Subsequent Event
In October 2019, the Company terminated an assumed facility lease and related sublease, which was due to expire in January 2022, upon release from the landlord. It had previously ceased use of the related facility. Management estimates the impact of such termination and release on the Company's consolidated financial statements as of and for the year ending December 31, 2019 are reductions in the Company's leased right-of-use assets of approximately $7.0 million, short-term lease liabilities of $3.1 million, and long term lease liabilities of $4.2 million in the consolidated balance sheet, and the related net impact to expense in the consolidated statement of operations of $0.3 million, which consists of a gain on extinguishment of lease liabilities of $7.3 million, partially offset by impairment of leased right-of-use assets of approximately $7.0 million. Management also estimates reductions in aggregate future minimum lease payments of approximately $7.7 million and aggregate future minimum rental income of approximately $7.7 million.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef