LEASES (Tables)

12 Months Ended

Dec. 31, 2019

LEASES

Schedule of balance sheet location

	Statement of
	Financial Condition
	Location	December 31, 2019
			(in thousands)
Operating Lease Right of Use Asset:
Gross Carrying Amount		$	8,857
Accumulated Amortization			(662)
Net Book Value	Operating lease right of use asset	$	8,195
Operating Lease Liabilities
Right of use lease obligations	Operating lease liability	$	8,350

Schedule of lease cost and other information

	Year Ended
	December 31, 2019
		(in thousands)
Lease Cost:
Operating lease cost	$	662
Total lease cost	$	662
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	350

Schedule of future minimum payments under operating leases

	As of December 31, 2019
		(in thousands)
Twelve months ended September 30,
2020	$	533
2021		521
2022		527
2023		531
2024		545
Thereafter		18,847
Total undiscounted lease payments	$	21,504
Amounts representing interest		(13,154)
Lease liability	$	8,350