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Leases (Tables)
9 Months Ended
Sep. 30, 2019
Leases  
Summary of maturities of our operating lease liabilities

As of September 30, 2019, the maturities of our operating lease liabilities (excluding short-term leases) are as follows (in thousands):

 

 

 

 

Maturity of Lease Liabilities

    

 

2019

$

106

2020

 

445

2021

 

542

2022

 

559

2023

 

550

2024

 

260

Thereafter

 

1,194

Total minimum lease payments

 

3,656

Less: Interest

 

(620)

Present value of lease obligations

 

3,036

Less: Current portion

 

(292)

Long-term portion of lease obligations

$

2,744

 

Schedule of weighted average remaining lease term and the weighted average discount rate of operating leases

 

 

 

 

 

 

 

September 30, 

 

December 31, 

 

 

2019

 

2018

Weighted-average remaining lease term (years)

 

8.15

 

 —

Weighted-average discount rate

 

4.61

%

 —

 

Schedule of supplemental cash flow information related to leases

Supplemental cash flow information related to leases where we are the lessee is as follows (in thousands):

 

 

 

 

 

 

 

Nine Months Ended

 

 

September 30, 2019

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

     Operating cash flows from operating leases

 

$

159

Supplemental noncash information on lease liabilities arising from obtaining right-of-use assets:

 

 

 

      Leased assets obtained in exchange for new operating lease liabilities

 

$

2,072

 

Summary of components of lease expense

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30, 2019

 

September 30, 2019

Operating lease

 

$

106

 

$

229

Short term lease expense

 

 

14

 

 

42

Total

 

$

120

 

$

271