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Lease commitments (Tables)
6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Lease, Cost
For the three and six months ended June 30, 2019, supplemental cash flow information related to leases are as follows:
(In thousands)
Three Months Ended June 30, 2019
 
Six Months Ended June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
 
 
 
Operating cash flows provided by operating leases (1)
$
(472
)
 
$
(297
)
Operating cash flows used for financing lease
$
11

 
$
24

Lease liabilities related to the acquisition of right-of-use assets:
 
 
 
Operating leases
$
48

 
$
117

For the three and six months ended June 30, 2019, the components of lease costs are as follows:
(In thousands)
Three Months Ended June 30, 2019
 
Six Months Ended June 30, 2019
Operating leases:
 
 
 
Rent expense
$
502

 
$
991

Financing lease:
 
 
 
Leased furniture, fixtures and office equipment depreciation expense
73

 
97

Interest expense
11

 
22

Short-term leases:
 
 
 
Rent expense
32

 
257

Total lease costs
$
618

 
$
1,367


As of June 30, 2019, the weighted average lease term and discount rate of the Company's leases are as follows:
 
June 30, 2019
 
Operating Leases
 
Financing Lease
Weighted average remaining lease term
6.3 years

 
6.4 years

Weighted average discount rate
5.0
%
 
5.0
%
Finance Lease, Liability, Maturity
As of June 30, 2019, scheduled future maturities of the Company's lease liabilities are as follows:
(In thousands)
June 30, 2019
Year
Operating Leases
 
Financing Lease
Remainder of 2019
$
1,092

 
$
76

2020
2,186

 
157

2021
2,136

 
157

2022
2,077

 
158

2023
2,222

 
169

Thereafter
4,109

 
312

Total undiscounted cash flows
13,822

 
1,029

Less: imputed interest
(1,991
)
 
(154
)
Present value of lease liabilities
$
11,831

 
$
875

Lessee, Operating Lease, Liability, Maturity
As of June 30, 2019, scheduled future maturities of the Company's lease liabilities are as follows:
(In thousands)
June 30, 2019
Year
Operating Leases
 
Financing Lease
Remainder of 2019
$
1,092

 
$
76

2020
2,186

 
157

2021
2,136

 
157

2022
2,077

 
158

2023
2,222

 
169

Thereafter
4,109

 
312

Total undiscounted cash flows
13,822

 
1,029

Less: imputed interest
(1,991
)
 
(154
)
Present value of lease liabilities
$
11,831

 
$
875