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Recent Accounting Pronouncements (Tables)
9 Months Ended
Sep. 30, 2019
ASU 2016-02  
New Accounting Pronouncements or Change in Accounting Principle [Line Items]  
Schedule of new accounting pronouncements and changes in accounting principles

The impact of the adoption of ASC 842 on the balance sheet as of January 1, 2019 was (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

As Reported

 

Adoption of ASC 842

 

Balance

 

 

December 31, 2018

 

Increase (Decrease)

 

January 1, 2019

Operating lease right-of-use assets

 

$

 —

 

$

1,086

 

$

1,086

Total assets

 

 

223,524

 

 

1,086

 

 

224,610

Accrued liabilities

 

 

15,371

 

 

128

*

 

15,499

Total current liabilities

 

 

28,709

 

 

128

 

 

28,837

Long-term liability - operating leases

 

 

 —

 

 

958

 

 

958

Total liabilities

 

 

28,992

 

 

1,086

 

 

30,078

Total liabilities and equity

 

 

223,524

 

 

1,086

 

 

224,610

 

 

 

 

 

 

 

 

 

 

* Short-term portion of lease liability included in accrued liabilities