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Leases (Tables) | 12 Months Ended
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Dec. 31, 2020
Leases [Abstract] |
Future minimum lease payments on noncancelable operating leases | Future undiscounted lease payments for operating leases with initial terms of one year or more as of December 31, 2020 are as follows (in thousands):
Years Ending December 31, |  |
2021 |  | $ | 1,753 |
2022 |  | 1,843 |
2023 |  | 1,721 |
2024 |  | 1,383 |
2025 |  | 1,023 |
Thereafter |  | 1,944 |
Total lease payments |  | 9,667 |
Less: imputed interest |  | (786) |
Present value of operating lease liabilities |  | $ | 8,881 |
Lease cost | The table below summarizes the total lease cost for the period ending:
(Dollars in thousands) |  |  |  | December 31, 2020 |  | December 31, 2019 |
Operating lease cost |  |  |  | $ | 2,243 |  |  | $ | 2,226 |  |
Short-term lease cost |  |  |  | 13 |  |  | 68 |  |
Variable lease cost |  |  |  | 288 |  |  | 375 |  |
Total lease cost |  |  |  | $ | 2,544 |  |  | $ | 2,669 |  |
Other lease information | The table below summarizes other information related to our operating leases:
|  | December 31, 2020 |  | December 31, 2019
Weighted average remaining lease term, in years |  | 6 |  | 7
Weighted average discount rate |  | 2.77 | % |  | 2.93 | %
The table below shows operating lease right of use assets and operating lease liabilities as of :
(Dollars in thousands) |  | December 31, 2020 |  | December 31, 2019
Operating lease right-of-use assets |  | $ | 8,195 |  |  | $ | 9,735 |
Operating lease liabilities |  | $ | 8,881 |  |  | $ | 10,418 |

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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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