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Leases | 3 Months Ended
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Mar. 31, 2019
Leases [Abstract] |
Leases [Text Block] | 12. Leases The Company has noncancelable operating leases for office, manufacturing facilities, warehouse space, automobiles and equipment expiring at various dates through 2023 and thereafter. As discussed in Footnote 1, the Company adopted ASC 842 as of January 1, 2019, using a current period adjustment method. In accordance with this method, the Company recognized a right of use asset of $9.4 million and an operating lease liability of $11.7 m illion as of January 1, 2019. As a result of using the c urrent period adjustment method, the lease expense for three months ended March 31, 2019 and 2018 was recognized under ASC 842, and ASC 840, the previous standard, respectively. T he components of lease expense for the three months ended March 31, 2019 are as follows:
|  | Three Months Ended |  |
|  | March 31, 2019 |  |
|  | (in thousands) |  |
Operating lease cost | $ | 523 |  |
Short term lease cost |  | 76 |  |
Sublease income |  | (102) |  |
Total lease cost | $ | 497 |  |
Supplemental cash flow information related to the Company's operating leases was as follows
|  | Three Months Ended |  |
|  | March 31, 2019 |  |
|  | (in thousands) |  |
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |
Operating cash flows from operating leases | $ | 702 |  |
Right-of-use assets obtained in exchange for lease obligations |  |  |  |
Operating leases | $ | - |  |
Supplemental balance sheet information related to the Company's operating leases was as follows:
|  | March 31, 2019 |  |
|  | (in thousands) |  |
Operating lease right-of use assets | $ | 9,106 |  |
Current portion, operating lease liabilities | $ | 2,297 |  |
Operating lease liabilities, long term |  | 9,062 |  |
Total operating lease liabilities | $ | 11,359 |  |
Weighted average remaining lease term |  | 8.6 | years |
Weighted average discount rate |  | 9.2% |  |
Rent payments for continuing operations were approximately $0.5 million for the three months ended March 31, 2018. Future minimum lease payments for operating leases, with initial or remaining terms in excess of one year at March 31, 2019, are as follows:
|  | Operating
|  | Leases
|  | (in thousands)
2020 | $ | 2,297
2021 |  | 2,268
2022 |  | 1,862
2023 |  | 1,813
2024 |  | 1,795
Thereafter |  | 6,970
Total lease payments |  | 17,005
Less interest |  | (5,646)
Total operating lease liabilities |  | 11,359

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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