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LEASES (Tables)

12 Months Ended

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

X

- 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

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X

- References

No definition available.

+ Details

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X

- 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

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