Leases (Tables)

6 Months Ended

Jun. 30, 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):



	Classification	June 30, 2019
Assets:
Operating lease right-of-use assets	Other assets	$	2,085
Liabilities:
Operating lease liabilities	Other liabilities	$	2,099

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 (in thousands).



	Three Months Ended		Six Months Ended
	June 30, 2019		June 30, 2019
Lease costs:
Operating lease costs	$	157	$	315
Short-term lease costs	5		11
Variable lease costs	23		46
Total	$	185	$	372
Other information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	150	$	302

Summary of Future Minimum Payments

Future minimum payments for operating leases with initial or remaining terms of one year or more as of June 30, 2019 were as follows (in thousands):



	Amounts
June 30, 2020	$	466
June 30, 2021	486
June 30, 2022	222
June 30, 2023	152
June 30, 2024	74
Thereafter	699
Total future minimum lease payments	2,099
Amounts representing interest	(319		)
Present value of net future minimum lease payments	$	1,780