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v3.19.2

LEASES (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020 | Jun. 30, 2019
LEASES |  |
Schedule of component of lease expense and supplemental cash flow and balance sheet information | The components of lease expense were as follows:
|  | June 30
(thousands of dollars) |  | 2019
Operating lease cost |  | $ | 81
Supplemental cash flow information related to leases was as follows:
|  | Six months
|  | ended
|  | June 30, 2019
Cash paid for amounts included in lease liabilities: |  |  |
(thousands of dollars) |  |  |
Operating cash flows from operating leases |  | $ | 77
Right-of-use assets obtained in exchange for lease obligations: |  |  |
Operating leases |  | $ | 541
Supplemental balance sheet information related to leases was as follows:
|  | June 30,
(thousands of dollars, except lease term and discount rate) |  | 2019
Operating Leases |  |  |
Operating lease right-of-use assets |  | $ | 541
Current portion of lease liabilities |  | $ | 151
Operating lease liabilities – long term portion |  |  | 396
Total operating lease liabilities |  | $ | 547
|  |  | June 30,
|  |  | 2019
Weighted Average Remaining Lease Term | Operating leases |  | 4.2 | Years
Discount Rate | Operating leases |  | 9.5 | %
Schedule of lease payments |  |
|  |  | Operating
| Lease payments by year (In thousands) |  | Leases
| 2019 |  | $ | 79
| 2020 |  |  | 159
| 2021 |  |  | 161
| 2022 |  |  | 162
| 2023 |  |  | 94
| Total lease payments |  |  | 655
| Less imputed interest |  |  | (108)
| Total |  | $ | 547

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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
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- Definition Tabular disclosure of the components of the lease expenses and supplemental cash flow and balance sheet information. + References No definition available. + Details
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