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Leases (Tables)

6 Months Ended

Jun. 30, 2019

Supplemental balance sheet information related to leases was as follows:



Leases	Classification	June 30, 2019
		(in thousands, except lease term and discount rate)
Assets
Operating lease right-of-use assets	Other assets	$	4,626
Total leased assets		$	4,626

Liabilities
Operating lease right-of-use liabilities	Accounts payable and accrued expenses	$	4,410
Total lease liabilities		$	4,410

Weighted average remaining lease term (years)
Operating leases		5.53
Weighted average discount rate
Operating leases		4.5		%

Maturities of Operating Lease Liabilities

Future maturities of the Company's operating lease liabilities at June 30, 2019 are as follows:



Year	(in thousands)
Remaining for year ending December 31, 2019	$	536
2020	1,013
2021	941
2022	768
2023	510
Thereafter	1,277
Total lease payments	5,045
Less: interest	(635		)
Total lease liabilities	$	4,410

Schedule of Future Minimum Lease Payments Under Operating Lease Agreements as of 12.31.2018

The following table represents future minimum lease payments under noncancelable operating leases at December 31, 2018 as presented in the Company’s 2018 Form 10-K:



Year	(in thousands)
2019	$	1,172
2020	676
2021	638
2022	645
2023	483
Thereafter	1,183
	$	4,797

Components of Lease Expense

The components of lease expense for the three and six months ended June 30, 2019 were as follows:



Lease expense	Classification	Three Months Ended June 30, 2019		Six Months Ended June 30, 2019
		(in thousands)
Operating lease cost	General and administrative	$	360	$	741
Net lease cost		$	360	$	741

Supplemental cash flow information related to leases for the six months ended June 30, 2019 was as follows:



	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	500

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	495