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Leases (Tables)
 6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Schedule of Condensed Consolidated Balance Sheet

The Company’s right-of-use assets and lease liabilities are recognized at their discounted present value on the unaudited condensed consolidated balance sheet at June 30, 2019, of $203 thousand and $228 thousand, respectively.

 

   June 30, 2019 
   (in thousands) 
Other assets:     
Right-of-use asset   203 
      
Other current liabilities   55 
Other noncurrent liabilities  $173 

 

   Right-of Use Asset   Lease Liability 
   (in thousands) 
Corporate office lease  $          203   $       228 
Schedule of Lease Costs

The Company recognizes lease expense on a straight line basis excluding short-term and variable lease payments which are recognized as incurred. Short-term lease costs represent payments for our Houston office lease, which has a lease term of one year.

 

   Three Months Ended
June 30, 2019		   Six Months Ended
June 30, 2019		 
   (in thousands) 
Operating lease cost  $           17   $        34 
Short-term lease cost   4    8 
Total lease cost  $21   $42 
Schedule of Weighted Average Lease
  June 30, 2019 
Weighted average lease term (years)   3.6 
Weighted average discount rate   8.75%
Schedule of Future Minimum Lease Commitments

The future minimum lease commitments as of June 30, 2019 are presented in the table below. Such commitments are reflected at undiscounted values and are reconciled to the discounted present value on the unaudited condensed consolidated balance sheet as follows:

 

   Amount 
Remainder of 2019  $36 
2020   73 
2021   75 
2022   76 
2023   6 
Total lease payments  $266 
Less: imputed interest   (38)
Total lease liability  $228 
Schedule of Operating Leases

The net capitalized cost of the building subject to operating leases at June 30, 2019 is as follows:

 

   June 30, 2019 
   (in thousands) 
Building subject to operating leases  $4,012 
Less: accumulated depreciation   3,186 
Building subject to operating leases, net  $826
Schedule of Future Lease Maturities

The future lease maturities of the Company’s operating leases as of June 30, 2019 are presented in the table below. Such maturities are reflected at undiscounted values to be received on an annual basis.

 

   Amount 
   (in thousands) 
Remainder of 2019  $81 
2020   127 
2021   130 
2022   134 
2023   138 
2024   142 
Remaining through June 2029   695 
Total lease maturities  $1,446
Schedule of Operating Lease Income

The Company recognized the following operating lease income related to its Riverton, Wyoming office building for the three and six months ended June 30, 2019 and 2018:

 

   Three Months Ended
June 30,		   Six Months Ended
June 30,		 
   2019   2018   2019   2018 
   (in thousands) 
Operating lease income  $48   $44   $96   $89