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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Summary of Balance Sheet classification of lease asset and related lease liability
The following table summarizes the balance sheet classification of the lease asset and related lease liability:
 
   
December 31, 2019
 
   
( in thousands)
 
Assets:
  
Long-term operating lease
right-of-use
assets
  $4,617 
  
 
 
 
Liabilities:
  
Short-term operating lease liability
  $1,396 
Long-term operating lease liability
   3,321 
  
 
 
 
Total Liabilities\
  $4,717 
  
 
 
 
Schedule of Minimum Future Rental Payments
Future minimum rental payments for office facilities and equipment under the Company’s noncancelable operating leases are as follows:
 
   
Amount as of
December 31, 2019
 
   
( in thousands)
 
2020
  $1,615 
2021
   1,144 
2022
   1,118 
2023
   1,098 
2024
   288 
Thereafter
    
  
 
 
 
Total
  $5,263 
Less: Imputed interest
   (546
  
 
 
 
Present value of operating lease liabilities
  $4,717