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LEASES (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Summary of balance sheet presentation of our operating and finance leases


(dollars in thousands)	Classification on the Condensed Consolidated Balance Sheet		June 30, 2019

Assets:
Operating lease assets	Operating lease right-of-use assets		$	627
Finance lease assets	Property and equipment, net			193
Total lease assets			$	820

Liabilities:
Current:
Operating lease obligations	Current maturities of operating lease liabilities		$	212
Finance lease obligations	Current maturities of finance lease liabilities			51
Noncurrent:
Operating lease obligations	Operating lease liabilities, less current maturities			421
Finance lease obligations	Finance lease liabilities, less current maturities			133
Total lease liabilities			$	817

Summary of estimated future minimum lease payments for finance leases

As of June 30, 2019, the estimated future minimum lease payments, excluding non-lease components, are as follows:


(dollars in thousands)		Operating Leases			Finance Leases			Total
Remainder of 2019		$	129		$	35		$	164
2020			242			46			288
2021			241			38			279
2022			48			32			80
2023			35			27			62
Thereafter			17			41			58
Total lease obligations			712			219			931
Less: Amount representing interest			(79)			(35)			(114)
Present value of net minimum lease obligations			633			184			817
Less, current portion			(212)			(51)			(263)
Long term portion		$	421		$	133		$	554

Schedule of other information


Weighted-average remaining lease term (years):
Operating leases	3.0
Finance leases	4.8
Weighted-average discount rate:
Operating leases	8.00%
Finance leases	7.25%