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Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Lease cost
The following table summarizes the components of lease expense for the three months ended March 31, 2020 and 2019 (in thousands):
 
 
Three Months Ended
 
 
March 31
 
 
2020
 
2019
Operating lease cost
 
$
1,157

 
$
1,184

Short-term lease cost
 
6

 
415

Variable lease cost
 
290

 
300

Sublease income
 
(84
)
 
(84
)
    Total lease cost
 
$
1,369

 
$
1,815

Lease assets and liabilities
The following table summarizes the presentation in our condensed consolidated balance sheets of our operating leases (in thousands):
 
 
 
March 31, 2020
 
December 31, 2019
Assets:
 
 
 
 
 
Operating lease right-of-use assets
 
$
11,210

 
$
8,140

 
 
 
 
 
 
Liabilities:
 
 
 
 
 
Operating lease liabilities
 
$
4,801

 
$
4,847

 
Long-term operating lease liabilities
 
12,921

 
7,920

 
Total operating lease liabilities
 
$
17,722

 
$
12,767

 
 
 
 
 
 
Weighted average remaining lease term (years)
 
7.13

 
4.50

Weighted average discount rate
 
3.8
%
 
3.4
%
 
 
 
 
 
 
Lease liability maturity
Maturities of lease liabilities were as follows (in thousands):
Years ending December 31,
 
2020 (excluding the three months ended March 31, 2020)
$
3,823

2021
3,648

2022
2,267

2023
1,871

2024
1,419

Thereafter
6,975

    Total lease payments
20,003

Less interest
(2,281
)
    Present value of operating lease liabilities
$
17,722