LEASES (Tables)

12 Months Ended

Dec. 31, 2020

LEASES [Abstract]

Summary of balance sheet presentation of our operating and finance leases

(dollars in thousands)	Classification on the Consolidated Balance Sheet	December 31, 2020		December 31, 2019
Assets:
Operating lease assets	Operating lease right-of-use assets, net	$	335	$	519
Finance lease assets	Property and equipment, net		175		184
Total lease assets		$	510	$	703
Liabilities:
Current:
Operating lease obligations	Current maturities of operating lease liabilities	$	225	$	209
Finance lease obligations	Current maturities of finance lease liabilities		48		52
Noncurrent:
Operating lease obligations	Operating lease liabilities, less current maturities		92		317
Finance lease obligations	Finance lease liabilities, less current maturities		116		119
Total lease liabilities		$	481	$	697

Summary of estimated future minimum lease payments for operating leases

As of December 31, 2020, the estimated future minimum lease payments, excluding non-lease components, are as follows:

(dollars in thousands)	Operating Leases		Finance Leases		Total
2021	$	241	$	61	$	302
2022		48		49		97
2023		35		38		73
2024		17		28		45
2025		—		13		13
Thereafter		—		—		—
Total lease obligations		341		189		530
Less: Amount representing interest		(24)		(25)		(49)
Present value of net minimum lease obligations		317		164		481
Less, current portion		(225)		(48)		(273)
Long term portion	$	92	$	116	$	208

Summary of estimated future minimum lease payments for finance leases

As of December 31, 2020, the estimated future minimum lease payments, excluding non-lease components, are as follows:

(dollars in thousands)	Operating Leases		Finance Leases		Total
2021	$	241	$	61	$	302
2022		48		49		97
2023		35		38		73
2024		17		28		45
2025		—		13		13
Thereafter		—		—		—
Total lease obligations		341		189		530
Less: Amount representing interest		(24)		(25)		(49)
Present value of net minimum lease obligations		317		164		481
Less, current portion		(225)		(48)		(273)
Long term portion	$	92	$	116	$	208

Schedule of other information

	December 31,	December 31,
	2020	2019
Weighted-average remaining lease term (years):
Operating leases	1.9	2.8
Finance leases	3.6	4.3
Weighted-average discount rate:
Operating leases	8.00%	8.00%
Finance leases	8.28%	7.25%