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Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases  
Summary of maturities of our operating lease liabilities

As of March 31, 2020, the maturities of our operating lease liabilities (excluding short-term leases) are as follows (in thousands):

 

 

 

 

Maturity of Lease Liabilities

    

 

2020

$

340

2021

 

544

2022

 

561

2023

 

551

2024

 

262

Thereafter

 

1,202

Total minimum lease payments

 

3,460

Less: Interest

 

(555)

Present value of lease obligations

 

2,905

Less: Current portion, included in accrued liabilities

 

(363)

Long-term portion of lease obligations

$

2,542

 

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

 

 

 

 

 

 

 

 

March 31, 

 

December 31, 

 

 

 

2020

 

2019

 

Weighted-average remaining lease term (years)

 

7.74

 

7.94

 

Weighted-average discount rate

 

4.61

%

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):

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

March 31, 

 

 

 

2020

 

2019

 

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

 

 

 

 

 

 

 

     Operating cash flows from operating leases

 

$

107

 

$

40

 

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

 

 

March 31, 

 

 

2020

 

2019

Operating lease

 

$

128

 

$

61

Short-term lease expense

 

 

13

 

 

14

Total

 

$

141

 

$

75