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LEASES (Tables)

12 Months Ended

Dec. 31, 2019

Summary of Operating Lease Cost and Supplemental Cash Flow Information Related to Operating Leases

The following table presents the Company’s operating lease cost and supplemental cash flow information related to the Company’s operating leases (in thousands):

	Year Ended
	December 31, 2019
Operating lease cost	$	1,855
Non-cash activity:
Right-of-use assets obtained in exchange for lease obligations	$	9,776

Schedule of Weighted Average Assumptions Used to Compute Right-of-use Assets and Lease Liabilities

The following table presents weighted average assumptions used to compute the Company’s right-of-use assets and lease liabilities:

	December 31, 2019
Weighted average remaining lease term (in years)		7.4
Weighted average discount rate		5.5	%

Schedule of Undiscounted Future Minimum Lease Payments Having Non-cancelable Lease Terms

Undiscounted future minimum lease payments as of December 31, 2019, by year and in the aggregate, having non-cancelable lease terms in excess of one year were as follows (in thousands):

	Maturities of
	Operating Lease Liabilities
2020	$	1,958
2021		1,278
2022		1,209
2023		1,070
2024		1,007
Thereafter		3,825
Total lease payments		10,347
Less imputed interest		(1,865	)
Present value of lease payments	$	8,482

Schedule of Future Minimum Lease Payments Having Non-cancelable Lease Terms

Future minimum lease payments as of December 31, 2018, by year and in the aggregate, having non-cancelable lease terms in excess of one year were expected to be as follows:

	Total Minimum
	Lease Payments
2019	$	1,652
2020		1,512
2021		833
2022		833
2023		833
Thereafter		4,721
Total lease payments	$	10,384