LEASES (Tables)

9 Months Ended

Sep. 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	September 30, 2019
Assets:
Operating lease assets	Operating lease right-of-use assets	$	574
Finance lease assets	Property and equipment, net		201
Total lease assets		$	775
Liabilities:
Current:
Operating lease obligations	Current maturities of operating lease liabilities	$	210
Finance lease obligations	Current maturities of finance lease liabilities		65
Noncurrent:
Operating lease obligations	Operating lease liabilities, less current maturities		370
Finance lease obligations	Finance lease liabilities, less current maturities		126
Total lease liabilities		$	771

Summary of estimated future minimum lease payments for finance leases

As of September 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	$	64	$	24	$	88
2020		242		62		304
2021		241		38		279
2022		48		32		80
2023		35		27		62
Thereafter		17		41		58
Total lease obligations		647		224		871
Less: Amount representing interest		(67)		(33)		(100)
Present value of net minimum lease obligations		580		191		771
Less, current portion		(210)		(65)		(275)
Long term portion	$	370	$	126	$	496

Schedule of other information

Weighted-average remaining lease term (years):
Operating leases	2.8
Finance leases	4.3
Weighted-average discount rate:
Operating leases	8.00%
Finance leases	7.25%