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LEASES (Tables)

12 Months Ended

Dec. 31, 2020

LEASES

Schedule of operating leases assets and liabilities

​

​	​	​	​	​	​	​	​	​
​	​	​	​	December 31,
​		Classification on Consolidated Balance Sheet		2020			2019
(in thousands)	​	​	​	​	​	​	​	​
Assets:				​		​	​
Operating lease right-of-use assets		Other assets	​	$	124	​	$	159
​	​	​	​	​	​	​	​	​
Liabilities:			​			​
Current portion of operating lease liabilities		Accrued expenses and other liabilities	​	$	52	​	$	47
Long-term operating lease liabilities		Other long-term liabilities	​		70	​		110
Total lease liabilities			​	$	122	​	$	157

Schedule of components of lease expense

​

​	​	​	​	​	​	​
Year ended December 31,		2020			2019
(in thousands)	​		​	​		​
Operating lease cost	​	$	54	​	$	52
Short-term lease cost	​		2	​		3
Total lease cost	​	$	56	​	$	55

Schedule of other information

​

​	​	​	​	​	​	​	​
As of December 31,		2020			2019
Cash paid for amounts included in the measurement of lease liabilities – operating leases (in thousands)	​	$	49	​	$	46	​
ROU assets obtained in exchange for operating lease liabilities (in thousands)	​	$	14	​	$	—	​
Weighted average remaining lease term – operating leases (years)	​		2.5	​		3.3	​
Weighted average discount rate – operating leases	​		3.48	%		3.68	%

Schedule of future minimum lease payments

​

​	​	​	​	​	​	​
As of December 31,	​	2020			2019
(in thousands)		​	​	​	​	​
2020		$	—		$	52
2021	​		55	​		52
2022	​		55	​		52
2023	​		13	​		10
2024	​		3	​		—
2025	​		1	​		—
Total lease payments	​		127	​		166
Less: Amounts representing interest	​		(5)	​		(9)
Present value of lease liabilities	​	$	122	​	$	157

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- Definition

Represents information related to operating leases expenses.

+ References

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Represents information related to operating leases assets and liabilities.

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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

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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

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