Gulfport Energy Corporation Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

9 Months Ended

Sep. 30, 2020

Maturities of operating lease liabilities as of September 30, 2020 were as follows:

Lease cost for the three and nine months ended September 30, 2020 and 2019 consisted of the following:


	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
	(In thousands)
Operating lease cost	$	1,692	$	4,551	$	7,970	$	20,835
Operating lease cost—related party	—		5,610		—		16,830
Variable lease cost	245		105		705		1,065
Variable lease cost—related party	—		5,357		—		64,968
Short-term lease cost	2,259		224		7,698		407
Total lease cost(1)	$	4,196	$	15,847	$	16,373	$	104,105


(1)			The majority of the Company's total lease cost was capitalized to the full cost pool, and the remainder was included in general and administrative expenses in the accompanying consolidated statements of operations.

Supplemental cash flow information for the nine months ended September 30, 2020 and 2019 related to leases was as follows:


	Nine months ended September 30,
	2020		2019
Cash paid for amounts included in the measurement of lease liabilities	(In thousands)
Operating cash flows from operating leases	$	109	$	146
Investing cash flow from operating leases	$	9,786	$	18,998
Investing cash flow from operating leases—related party	$	6,800	$	78,518