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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2021
Commitments and Contingencies  
Summary of lease-related assets and liabilities

(In thousands)

    

At March 31, 2021

    

At December 31, 2020

Right of use operating lease assets

$

19,565

$

20,132

Operating lease liabilities:

Current

$

1,966

$

2,006

Non-current

 

18,910

 

19,388

Total

$

20,876

$

21,394

Operating leases:

Weighted average remaining lease term

 

9.2 years

9.4 years

Weighted average discount rate

4.4%

4.4%

Three Months Ended March 31,

2021

2020

Supplemental cash flow information for our operating leases:

Cash paid for operating lease liabilities

$

789

$

463

Non-cash right of use assets obtained in exchange for new operating lease obligations

$

124

$

295

Summary of undiscounted cash flows

(In thousands)

2021 (April 1 - December 31)

$

2,171

2022

2,598

2023

 

2,612

2024

 

2,581

2025

 

2,660

Thereafter

 

12,692

Total minimum lease payments

25,314

Less: Amount of lease payments representing interest

(4,438)

Present value of future minimum lease payments

20,876

Less: Current obligations under operating lease liabilities

(1,966)

Non-current obligations under operating lease liabilities

$

18,910