XML 39 R27.htm IDEA: XBRL DOCUMENT v3.21.1
Right-of-Use Asset and Lease Liabilities (Tables)
 3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Schedule of Future Minimum Lease Receipts for Operating Lease Future minimum sub-lease receipts required under the non-cancellable lease are as follows:
As of March 31,
2021
2021 (remaining)$345 
2022249 
$594 
Components of Lease Expense
The components of lease expense recorded in the condensed consolidated statement of operations were as follows:
Three months ended March 31,
20202021
Operating lease cost$1,461 $1,614 
Finance lease cost:
Depreciation of assets— 47 
Sublease income (1)(96)(96)
Total net lease cost$1,365 $1,565 
________________________
(1) See Note 15, “Related Parties” to these condensed consolidated financial statements, for additional details on sublease income.
Supplemental cash flow and other information related to leases was as follows:
Three months ended March 31,
20202021
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$1,285 $1,371 
Financing cash flows from finance leases— 44 
$1,285 $1,415 
Weighted average remaining lease term (in years)
Operating leases4.113.53
Finance leases— 2.86
Weighted average discount rate
Operating leases4.99 %4.81 %
Finance leases— %4.00 %
Supplemental Balance Sheet Lease Information
Supplemental balance sheet information related to leases was as follows:
As of December 31,As of March 31,
LeasesClassification20202021
Assets:
Operating lease assetsOperating right-of-use asset, net (1)$19,491 $18,008 
Finance lease assetsProperty and equipment, net (2)464 428 
Total leased assets$19,955 $18,436 
Liabilities:
Current
OperatingOperating lease liability, current$5,515 $5,594 
FinanceAccrued expenses and other current liabilities183 175 
Non-current
OperatingOperating lease liability, net of current portion17,202 15,609 
FinanceOther liabilities282 258 
Total lease liabilities$23,182 $21,636 
________________________
(1) Operating lease assets are recorded net of accumulated amortization of $9,083 and $10,435 as of December 31, 2020 and March 31, 2021, respectively.
(2) Finance lease assets are recorded net of accumulated depreciation of $28 and $74 as of December 31, 2020 and March 31, 2021, respectively.
Schedule of Maturities of Operating Lease Liabilities
Maturities of operating lease liabilities were as follows:
As of March 31,
2021
2021 (remaining)$4,756 
20226,736 
20236,593 
20242,670 
20251,648 
Thereafter718 
Total lease payments23,121 
Less: imputed interest(1,918)
Total lease obligations21,203 
Less: current obligations(5,594)
Long-term lease obligations$15,609 
Schedule of Maturities of Finance Lease Liabilities
Maturities of financing lease liabilities were as follows:
As of March 31,
2021
2021 (remaining)$147 
2022148 
202397 
202461 
20254 
Total lease payments457 
Less: imputed interest(24)
Total lease obligations433 
Less: current obligations(175)
Long-term lease obligations$258