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LEASES (Tables)
12 Months Ended
Dec. 31, 2019
LEASES  
Schedule of operating leases assets and liabilities

(in thousands)

    

Classification on the Consolidated Balance Sheet

    

December 31, 2019

Assets:

 

  

 

  

Operating lease right-of-use assets

 

Other assets

$

159

Liabilities:

 

  

 

  

Current portion of operating lease liabilities

 

Accrued expenses and other liabilities

$

47

Long-term operating lease liabilities

 

Other long-term liabilities

 

110

Total lease liabilities

 

  

$

157

Schedule of components of lease expense

Classification on the Consolidated Statements of

Year ended

(in thousands)

    

Operations

    

December 31, 2019

Operating lease cost

 

Selling, general and administrative expenses

 

$

52

 

Short-term lease cost

 

Selling, general and administrative expenses

3

Total lease cost

 

  

$

55

Schedule of other information

Other information related to operating leases:

  

 

Cash paid for amounts included in the measurement of lease liabilities (in thousands)

    

$

46

 

Weighted average remaining lease term

 

3.3

years

Weighted average discount rate

 

3.68

%

Schedule of future minimum lease payments

    

Maturity of lease liabilities

    

Operating

(in thousands)

 

Leases

2020

 

$

52

2021

 

52

2022

 

52

2023

 

10

2024

 

Thereafter

 

Total lease payments

 

166

Less: Amounts representing interest

 

(9)

Present value of lease liabilities

$

157