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LEASES (Tables) | 12 Months Ended
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Dec. 31, 2020
Leases [Abstract] |
Schedule of Quantitative Information of Operating Leases | The Company’s total lease cost under ASC 842 for the years ended December 31, 2020 and 2019 is as follows:
| Year Ended December 31,
(in thousands) | 2020 |  | 2019
Operating leases: |  |  |
Operating lease cost | $ | 3,256 |  |  | $ | 2,430 |
Variable lease cost | 56 |  |  | 66 |
Operating lease expense | 3,312 |  |  | 2,496 |
Short-term lease expense | 2,158 |  |  | 1,830 |
Total lease expense | $ | 5,470 |  |  | $ | 4,326 |
Rent expense for the year ended December 31, 2018 was determined under ASC 840, which excludes variable lease cost and was $2.0 million. Supplemental cash flow and other information for the year ended December 31, 2020 and 2019, related to operating leases is as follows:
| Year Ended December 31,
($ in thousands) | 2020 |  | 2019
Cash paid for amounts included in the lease liability - operating cash flows from operating leases | $ | 5,235 |  |  | $ | 2,440 |
Right of use assets obtained in exchange for operating lease liabilities | $ | 9,376 |  |  | $ | 18,771 |
Weighted average remaining lease term | 24.3 years |  | 16.7 years
Weighted average discount rate | 7.3 | % |  | 6.8 | %
Schedule of Future Minimum Rental Commitments | As of December 31, 2020, future minimum rental commitments under noncancelable operating leases are as follows:
| 2020 |  |
(in thousands) |  |  |
2021 | $ | 6,204 |  |  |
2022 | 5,960 |  |  |
2023 | 5,917 |  |  |
2024 | 5,866 |  |  |
2025 | 5,633 |  |  |
Thereafter | 109,713 |  |  |
Total | 139,293 |  |  |
Less: present value discount | (75,748) |  |  |
Operating lease obligations | $ | 63,545 |  |  |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
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