XML 40 R29.htm IDEA: XBRL DOCUMENT v3.21.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Components of lease expense
The components of lease expense were as follows (in thousands):
Three Months Ended
March 31,
20212020
Operating lease cost$368 $357 
Total net lease cost$368 $357 
Supplemental Balance Sheet Information
Other supplemental balance sheet information related to leases was as follows (in thousands):
March 31, 2021December 31, 2020
Operating leases:
Operating lease right of use assets$4,346 $2,754 
Total operating lease right of use assets$4,346 $2,754 
Current operating lease liabilities(A)
$1,289 $1,023 
Noncurrent operating lease liabilities(B)
3,017 1,670 
Total operating lease liabilities$4,306 $2,693 
(A)Current operating lease liabilities are included in accrued other liabilities on the Consolidated Balance Sheets.
(B)Noncurrent operating lease liabilities are included in other non-current liabilities on the Consolidated Balance Sheets.
The following table presents certain information related to lease terms and discount rates for leases as of March 31, 2021 and December 31, 2020:
March 31, 2021December 31, 2020
Weighted average remaining lease term (in years):
Operating leases4.23.5
Weighted average discount rate:
Operating leases5.5 %5.9 %
Other information related to leases were as follows (in thousands) :
Three Months Ended
March 31,
20212020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases(C)
$368 $357 
(C)Cash flow from operating lease included in prepaid and other assets on the Consolidated Statements of Cash Flows.
Maturities of lease liabilities
As of March 31, 2021, maturities of lease liabilities were as follows (in thousands):
Operating Leases
2021 (remainder of year)$1,130 
20221,157 
20231,058 
20241,063 
2025628 
Total lease payments5,036 
Less: imputed interest(730)
Total lease obligations4,306 
Less: current obligations1,289 
Long-term lease obligations$3,017 
As of December 31, 2020, maturities of lease liabilities were as follows (in thousands):
Operating Leases
2021$1,215 
2022811 
2023706 
2024705 
2025— 
Total lease payments3,437 
Less: imputed interest(744)
Total lease obligations2,693 
Less: current obligations(1,023)
Long-term lease obligations$1,670