Leases (Tables)

3 Months Ended

Mar. 31, 2021

The components of lease expense were as follows (in thousands):

	Three Months Ended March 31,
	2021		2020
Operating lease cost	$	1,362	$	1,410
Short-term lease cost		197		36
Total net lease cost	$	1,559	$	1,446

Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to the Company’s operating leases was as follows (in thousands):

	Three Months Ended March 31,
	2021		2020
Operating cash outflows from operating leases	$	1,391	$	1,403
ROU assets obtained in exchange for operating lease obligations	$	1,800	$	26

Weighted Average Remaining Lease Term, and Weighted Average Discount Rates Related to Operating Leases

The following table presents the weighted average remaining lease term and weighted average discount rates related to the Company’s operating leases as of March 31, 2021 and December 31, 2020, respectively:

	March 31, 2021			December 31, 2020
Lease Assets and Liabilities
Assets:
Right-of-use assets from operating leases	$	14,535		$	18,483

Liabilities:
Operating lease liabilities - current	$	4,435		$	4,494
Operating lease liabilities - non-current		16,154			15,959
Total operating lease liabilities	$	20,589		$	20,453

	March 31, 2021			December 31, 2020
Weighted average remaining lease term	4.7 years			4.6 years
Weighted average discount rate		5.7	%		5.7	%

Maturity of Operating Lease Liabilities

The following table presents the maturity of the Company’s operating lease liabilities as of March 31, 2021 (in thousands):

Remainder of 2021	$	4,076
2022		5,235
2023		4,814
2024		4,330
2025		2,579
Thereafter		2,457
Total operating lease payments		23,491
Less: imputed interest		(2,902	)
Total operating lease liabilities	$	20,589