Leases

9 Months Ended

Sep. 30, 2020

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 2020, 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:

	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Operating lease expense ^(a)	$	533	$	588	$	1,649	$	1,762
Finance lease expense:
Amortization of right-of-use assets	$	12	$	20	$	51	$	60
Interest on lease liabilities		1		2		3		6
Total finance lease expense	$	13	$	22	$	54	$	66

^(a)	Includes short-term lease costs of $275 and $777 for the three months ended September 30, 2020 and 2019, and $315 and $943 for the nine months ended September 30, 2020 and 2019, respectively.

Cash paid for amounts included in the measurement of lease liabilities:

	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Operating cash flows from operating leases	$	308	$	256	$	935	$	778
Operating cash flows from finance leases	$	1	$	2	$	3	$	6
Finance cash flows from finance leases	$	12	$	21	$	51	$	69

	September 30, 2020
Weighted average remaining lease term:
Operating leases		4.4
Finance leases		1.3
Weighted average discount rate:
Operating leases		5.77	%
Finance leases		6.25	%

Maturities of lease liabilities are as follows:

	Operating leases			Finance leases
Remainder of 2020	$	315		$	12
2021		1,305			30
2022		1,090			9
2023		870			—
2024		512			—
Thereafter		691			—
Undiscounted lease cash flow commitments		4,783			51
Reconciling impact from discounting		(607	)		(5	)
Lease liabilities on consolidated statement of financial position as of September 30, 2020	$	4,176		$	46