Norwegian Cruise Line Holdings Ltd. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

Leases (Tables)

9 Months Ended

Sep. 30, 2021

Leases [Abstract]

Schedule of lease balances

Lease balances were as follows (in thousands):


		Balance Sheet location		September 30, 2021			December 31, 2020
Operating leases
Right-of-use assets		Other long-term assets		$	789,303		$	209,037
Current operating lease liabilities		Accrued expenses and other liabilities			37,109			17,700
Non-current operating lease liabilities		Other long-term liabilities			662,043			185,414

Finance leases
Right-of-use assets		Property and equipment, net			10,078			11,948
Current finance lease liabilities		Current portion of long-term debt			4,561			5,143
Non-current finance lease liabilities		Long-term debt			2,135			4,648

Maturities of operating lease liabilities

As of September 30, 2021, maturities of lease liabilities were as follows (in thousands):


		Operating
		leases
Remainder of 2021		$	12,423
2022			42,937
2023			61,225
2024			64,996
2025			66,514
Thereafter			1,083,480
Total			1,331,575
Less: Present value discount			(632,423)
Present value of lease liabilities		$	699,152