Restricted Cash

3 Months Ended

Mar. 31, 2022

Cash and Cash Equivalents [Abstract]

Restricted Cash

Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash total as presented in the condensed consolidated statement of cash flows for the periods presented (in thousands):

	March 31, 2022		December 31, 2021
Cash and cash equivalents	$	27,248	$	58,824
Restricted cash - current:
Dividend payments on preferred stock	4,477		6,716
Subtotal - Restricted cash - current	4,477		6,716
Restricted cash - long term:
Letter of credit (1)	306		306
Cash required per note agreement (2)	100		100
Subtotal - Restricted cash - long term	406		406
Cash, cash equivalents and restricted cash	$	32,131	$	65,946

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(1) LOC required as part of our Santa Monica, CA office lease.

(2) Cash required to be maintained in our accounts per the 2024 Note agreement.