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Leases (Tables)
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Schedule of Lease Assets and Liabilities
The following is a summary of the Company’s ROU assets and operating lease liabilities as of December 31, 2020 and 2019:
(in thousands)Classification on the Balance SheetDecember 31, 2020December 31, 2019
Assets 
Operating lease assetsOperating lease right-of-use assets$10,459 $11,180 
  
Liabilities 
Operating lease current liabilitiesAccounts payable and accrued liabilities$2,117 $2,147 
Operating lease non-current liabilitiesOperating lease non-current liabilities11,497 12,455 
Total lease liabilities $13,614 $14,602 
  
Weighted average remaining lease term 7.18.1
Weighted average discount rate(1)
 8.1 %8.1 %
(1)Upon adoption of the new lease standard, discount rates used for existing leases were established at January 1, 2019.
Reconciliation of Future Cash Obligations to Operating Lease Liabilities
The table below reconciles the Company's future cash obligations to operating lease liabilities recorded on the balance sheet as of December 31, 2020:
(in thousands)Operating Leases
2021$2,290 
20222,611 
20232,462 
20242,488 
20252,557 
Thereafter5,624 
Total minimum lease payments18,032 
Less: amount of lease payments representing interest(4,418)
Present value of future minimum lease payments13,614 
Less: current obligations under leases(2,117)
Operating lease non-current liabilities$11,497