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Leases | 12 Months Ended
--- | ---
Dec. 31, 2019
Leases [Abstract] |
Leases |
8 | LEASES
The Company leases a parcel of land in Marfa, Texas that one of its greenhouses resides on as well as two distribution centers located in Fort Worth, Texas and Surrey, British Columbia. The Company also leases production related equipment at its greenhouses in Texas and British Columbia. In January the Company commenced leasing of an office building located in Lake Mary, Florida for its corporate headquarters. The components of lease related expenses are as follows:
|  | Year Ended December 31, 2019 |
Operating lease expense (a) |  | $ | 2,410 |
Finance lease expense: |  |  |  |
Amortization of right-of-use assets |  |  | 80 |
Interest on lease liabilities |  |  | 7 |
Total finance lease expense |  | $ | 87 |
| (a) | Includes short-term lease costs of $1,287 for the year ended December 31, 2019.
Cash paid for amounts included in the measurement of lease liabilities:
|  | Year Ended December 31, 2019 |
Operating cash flows from operating leases |  | $ | 1,043 |
Operating cash flows from finance leases |  | $ | 7 |
Financing cash flows from finance leases |  | $ | 83 |
|  | December 31, 2019 |
Weighted average remaining lease term: |  |  |  |
Operating leases |  |  | 4.1 years |
Finance leases |  |  | 1.7 years |
Weighted average discount rate: |  |  |  |
Operating leases |  |  | 6.25 | %
Finance leases |  |  | 6.25 | %
Maturities of lease liabilities are as follows:
|  | Operating leases |  |  | Finance leases |
2020 |  | $ | 1,073 |  |  | $ | 65 |
2021 |  |  | 1,090 |  |  |  | 30 |
2022 |  |  | 869 |  |  |  | 9 |
2023 |  |  | 641 |  |  |  | — |
2024 |  |  | 276 |  |  |  | — |
Thereafter |  |  | 113 |  |  |  | — |
Undiscounted lease cash flow commitments |  |  | 4,062 |  |  |  | 104 |
Reconciling impact from discounting |  |  | (497 | ) |  |  | (9 | )
Lease liabilities on consolidated balance sheet as of December 31, 2019 |  | $ | 3,565 |  |  | $ | 95 |
The following table presents the Company’s unadjusted lease commitments as of December 31, 2018 as a required disclosure for companies adopting the lease standard prospectively without revising comparative period information.
|  | Operating leases |  |  | Finance leases |
2019 |  | $ | 1,253 |  |  | $ | 78 |
2020 |  |  | 1,039 |  |  |  | 62 |
2021 |  |  | 1,052 |  |  |  | 30 |
2022 |  |  | 841 |  |  |  | 10 |
2023 |  |  | 618 |  |  |  | — |
Thereafter |  |  | 261 |  |  |  | — |
|  | $ | 5,064 |  |  | $ | 180 |

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- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
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