Leases (Tables)

3 Months Ended

Mar. 31, 2019

The following table represents the consolidated balance sheet classification of the Company’s ROU assets and lease liabilities. The Company elected not to include short-term leases (i.e., leases with initial terms of twelve months or less), or equipment leases (deemed immaterial) on the consolidated balance sheet (dollars in thousands):



Lease Right-of-Use Assets	Classification	March 31, 2019
Operating lease right-of-use assets	Operating lease right-of-use assets	$2,215

Lease Liabilities
Operating lease liabilities	Operating lease liabilities	$2,222

Summary of Lease Costs and Other Information

The following table represents lease costs and other lease information, in thousands. As the Company elected, for all classes of underlying assets, not to separate lease and non-lease components and instead to account for them as a single lease component, the variable lease cost primarily represents variable payments such as common area maintenance.



	Three Months Ended
Lease Costs	March 31, 2019

Operating lease costs	$	146
Short term lease costs	36
Variable lease costs	23
Total	205


Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	139

Summary of Future Minimum Payments

Future minimum payments for operating leases with initial or remaining terms of one year or more as of March 31, 2019 were as follows (in thousands):



	Amounts
March 31, 2020	$	533
March 31, 2021	531
March 31, 2022	332
March 31, 2023	213
March 31, 2024	107
Thereafter	842
Total future minimum lease payments	2,558
Amounts representing interest	(336		)
Present value of net future minimum lease payments	$	2,222