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Leases
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Leases

Note 10 – Leases

Operating lease cost details for the three and six months ended June 30, 2020 and 2019 are as follows:

Three months ended

Six months ended

June 30, 

June 30,

    

2020

    

2019

    

2020

    

2019

(in thousands)

(in thousands)

Building rent

$

765

$

857

$

1,456

$

1,721

Automobile rentals

 

359

 

233

 

711

 

510

Total net operating lease costs

$

1,124

$

1,090

$

2,167

$

2,231

At June 30, 2020, the weighted average remaining lease term for our operating leases is 7.0 years. The weighted average discount rate for our operating leases is 5%.

During the six months ended June 30, 2020, there were $2.0 million of operating cash payments for lease liabilities, and $1.9 million of right-of use assets obtained in exchange for new lease liabilities.

Maturities of our operating leases are as follows:

As of June 30, 2020

(in $ thousands)

2020 (remaining 6 months)

$

1,554

2021

3,052

2022

2,667

2023

2,153

2024

1,401

Later years

6,555

Less imputed interest

(3,110)

Total lease liabilities

$

14,272