LEASES (Tables)

3 Months Ended

Mar. 31, 2020

The components of lease cost for the three months ended March 31, 2020 and 2019 was as follows (in thousands):


	Three Months Ended March 31,
	2020		2019
Finance lease cost:
Amortization of right-of-use assets	$	347	$	351
Interest on lease liabilities		24		55
Total finance lease cost		371		406

Operating lease cost		388		443

Short-term lease cost		—		—
Total lease cost	$	759	$	849

Supplemental cash flow information related to leases for the three months ended March 31, 2020 and 2019 was as follows (in thousands):


	Three Months Ended March 31,
	2020		2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	(392)	$	(349)
Operating cash flows from finance leases	$	(25)	$	(57)
Financing cash flows from finance leases	$	(725)	$	(700)
Right-of-use assets obtained in exchange for lease obligations
Operating leases	$	—	$	8,337
Finance leases	$	—	$	40

Supplemental balance sheet information related to leases as of March 31, 2020 and 2019 was as follows (in thousands):


	March 31,
	2020		2019
Operating leases
Operating lease right-of-use assets	$	6,251	$	7,531

Operating lease liabilities - current	$	1,146	$	1,229
Operating lease liabilities - long-term		5,635		6,839
Total operating lease liabilities	$	6,781	$	8,068

Finance leases
Property and equipment, at cost	$	8,663	$	8,582
Property and equipment, net		(3,615)		(2,223)
Property and equipment, net	$	5,048	$	6,359

Finance lease liabilities - current	$	1,577	$	2,873
Finance lease liabilities - long-term		77		1,602
Total finance lease liabilities	$	1,654	$	4,475

Weighted average remaining lease term
Operating leases		6.1 years		6.8 years
Finance leases		0.6 years		1.5 years

Weighted average discount rate
Operating leases		5.04%		5.04%
Finance leases		4.67%		4.66%

Maturities of lease liabilities as of March 31, 2020 are as follows (in thousands):


	Operating Leases		Finance Leases
April 2020 - March 2021	$	1,460	$	1,604
April 2021 - March 2022		1,298		48
April 2022 - March 2023		1,135		32
April 2023 - March 2024		1,160		—
April 2024 - March 2025		1,088		—
Thereafter		1,785		—
Total payments under lease agreements		7,926		1,684

Less imputed interest		(1,145)		(30)

Total lease liabilities	$	6,781	$	1,654