Note 10 – Leases

Operating lease cost details for the three months ended March 31, 2020 and 2019 are as follows:


	Three months ended
	March 31,
	2020		2019
	(in thousands)
Building rent	$	691	$	864
Automobile rentals		352		277
Total net operating lease costs	$	1,043	$	1,141

At March 31, 2020, the weighted average remaining lease term for our operating leases is 7.0 years. The weighted average discount rate for our operating leases is 5%.

During the three months ended March 31, 2020, there were $1.0 million of operating cash payments for lease liabilities, and $1.9 million of right-of use assets obtained in exchange for new lease liabilities.

Maturities of our operating leases are as follows:


	As of March 31, 2020
		(in $ thousands)
2020 (remaining 9 months)	$	3,241
2021		3,048
2022		2,597
2023		2,096
2024		1,369
Later years		6,423
Less imputed interest		(3,234)
Total lease liabilities	$	15,540