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v3.19.1

LEASES (Tables) | 3 Months Ended
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Mar. 31, 2019
LEASES |
Schedule of component of lease expense and supplemental cash flow and balance sheet information | The components of lease expense were as follows:
|  | March 31 2019 |
--- | --- | --- | ---
(thousands of dollars) |  |  |
Operating lease cost |  | $ | 40 |
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Supplemental cash flow information related to leases was as follows:
|  | Three Months Ended March 31, 2019 |
--- | --- | --- | ---
Cash paid for amounts included in lease liabilities: |  |  |  |
(thousands of dollars) |  |  |  |
Operating cash flows from operating leases |  | $ | 39 |
Right-of-use assets obtained in exchange for lease obligations: |  |  |  |
Operating leases |  | $ | 569 |
Supplemental balance sheet information related to leases was as follows:
(thousands of dollars, except lease term and discount rate) |  | March 31, 2019 |
--- | --- | --- | ---
Operating Leases |  |  |  |
Operating lease right-of-use assets |  | $ | 569 |
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Current portion of lease liabilities |  | $ | 151 |
Operating lease liabilities—long term portion |  |  | 424 |
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Total operating lease liabilities |  | $ | 575 |
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|  |  |  | March 31, 2019
--- | --- | --- | --- | ---
Weighted Average Remaining Lease Term |  | Operating leases |  | 4.4 Years
Discount Rate |  | Operating leases |  | 9.5%
Schedule of lease payments |
|  | Lease payments by year (In thousands) |  | Operating Leases |
--- | --- | --- | --- | --- | ---
|  | 2019 |  | $ | 117 |
|  | 2020 |  |  | 159 |
|  | 2021 |  |  | 161 |
|  | 2022 |  |  | 162 |
|  | 2023 |  |  | 94 |
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Maturities of lease liabilities are as follows: |  | Total lease payments |  |  | 693 |
|  | Less imputed interest |  |  | (118 | )
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|  | Total |  | $ | 575 |
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- References No definition available. + Details
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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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