XML 37 R28.htm IDEA: XBRL DOCUMENT
v3.21.1

Leases (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Leases [Abstract] |
Lease, Cost | For the years ended December 31, 2020, 2019 and 2018, the Company recorded the following lease expenses:
|  | Year Ended December 31, |
|  | 2020 |  |  | 2019 |  |  | 2018 |
|  | (in thousands) |
Operating lease expense |  | $ | 640 |  |  | $ | 380 |  |  | $ | 380 |
Variable lease payment |  | $ | 289 |  |  | $ | 250 |  |  | $ | 229 |
Total lease expense |  | $ | 929 |  |  | $ | 630 |  |  | $ | 609 |
Additional information related to the operating lease for the period the Company adopted ASC 842 is as follows:
|  | Year Ended December 31, 2020 |
|  | (in thousands) |
Cash paid for operating leases included in operating cash flows |  | $ | 828 |
Operating lease ROU assets obtained in exchange for new lease liabilities |  |  | 5,362 |
Total |  | $ | 6,190 |
Weighted-average remaining lease term—operating lease (in years) |  |  | 8.08 |
Weighted-average discount rate—operating lease |  |  | 7.72 | %
Assets and Liabilities, Lessee | The balance of our operating lease ROU asset and operating lease liability as of December 31, 2020 is summarized below. The current and non-current lease liabilities are reflected in other current liabilities and non-current operating lease liabilities, respectively, on our consolidated balance sheets:
|  | At December 31, 2020 |
|  | (in thousands) |
Operating lease right-of-use asset |  | $ | 5,911 |
Accumulated amortization |  |  | (178 | )
Net Operating lease right-of-use assets, net |  | $ | 5,733 |
Lease liability, current |  | $ | 364 |
Lease liability, non-current |  |  | 5,138 |
Total operating lease liability |  | $ | 5,502 |
Lessee, Operating Lease, Liability, Maturity | The maturities of lease liabilities are as follows:
|  | At December 31, 2020 |
|  | (in thousands) |
2021 |  | $ | 774 |
2022 |  |  | 869 |
2023 |  |  | 894 |
2024 |  |  | 920 |
2025 |  |  | 945 |
Thereafter |  |  | 3,073 |
Total undiscounted liabilities |  |  | 7,475 |
Less: Interest |  |  | 1,973 |
Present value of lease liabilities |  | $ | 5,502 |

X
- Definition Assets And Liabilities, Lessee + References No definition available. + Details
Name: | lpro_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix: | lpro_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration