LEASES (Tables)

3 Months Ended

Mar. 31, 2022

LEASES

Maturity analysis of annual undiscounted cash flows, operating lease liabilities

The following is a maturity analysis of the annual undiscounted cash flows of the estimated operating lease liabilities as of March 31, 2022 (in thousands):

Year ending December 31:
2022	$	113
2023		150
2024		150
2025		150
2026		150
Thereafter		662
	$	1,375

Schedule of reconciliation of the undiscounted cash flows

A reconciliation of the undiscounted cash flows to the operating lease liabilities recognized in the consolidated balance sheet as of March 31, 2022 follows (in thousands):

Undiscounted cash flows of the operating lease	$	1,375
Unamortized discount		316
Total operating lease liability		1,059
Current portion of operating lease liability		90
Operating lease liability, net of current portion	$	969