LEASES (Tables)

12 Months Ended

Dec. 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 December 31, 2022 (in thousands):

Year ending December 31:
2023	$	163
2024		163
2025		163
2026		163
2027		163
Thereafter		1,044
	$	1,859

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 December 31, 2022 follows (in thousands):

Undiscounted cash flows of the operating lease	$	1,859
Unamortized discount		870
Total operating lease liability		989
Current portion of operating lease liability		42
Operating lease liability, net of current portion	$	947