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Note 4 - Leases
3 Months Ended
Mar. 31, 2019
Notes to Financial Statements  
Leases of Lessee and Lessor Disclosure [Text Block]
NOTE
4
LEASES
 
A.
Leases in which the Company is a lessee
 
The table below presents the effects on the amounts relating to the Company’s total lease cost:
 
   
Three months ended
March 31,
 
   
2019
 
   
(Dollars in thousands)
 
Lease cost
 
 
 
 
Finance lease cost:
       
Amortization of right-of-use assets
  $
787
 
Interest on lease liabilities
   
306
 
Operating lease cost
   
2,134
 
Variable lease cost
   
278
 
Total lease cost
  $
3,505
 
         
Other information
 
 
 
 
Cash paid for amounts included in the measurement of lease liabilities:        
Operating cash flows from finance leases
  $
-
 
Operating cash flows from operating leases
   
1,012
 
Financing cash flows from finance leases
   
767
 
Right-of-use assets obtained in exchange for new finance lease liabilities
   
2,154
 
Right-of-use assets obtained in exchange for new operating lease liabilities
   
-
 
Weighted-average remaining lease term — finance leases
   
4.0
 
Weighted-average remaining lease term — operating leases
   
5.7
 
 
 
Future minimum lease payments under non-cancellable leases as of
March 31, 2019
were as follows:
 
   
Operating Leases
   
Finance Leases
 
   
(Dollars in thousands)
 
Year ending December 31,
 
 
 
 
 
 
 
 
2019 (excluding the three months ended March 31, 2019)
  $
7,513
    $
3,400
 
2020
   
4,109
     
3,715
 
2021
   
3,400
     
2,720
 
2022
   
2,419
     
2,421
 
2023
   
1,590
     
1,834
 
Thereafter
   
12,061
     
2,692
 
Total future minimum lease payments
   
31,092
     
16,782
 
Less imputed interest
   
5,893
     
1,681
 
Total
  $
25,199
    $
15,101
 
 
 
 
Future minimum lease payments under non-cancellable leases as of
December 31, 2018,
under ASC
840,
Leases were as follows:
 
   
(Dollars in thousands)
 
Year ending December 31,
 
 
 
 
2019
  $
10,889
 
2020
   
7,515
 
2021
   
5,758
 
2022
   
4,415
 
2023
   
2,910
 
Thereafter
   
9,292
 
Total
  $
40,779
 
 
  
B.
Leases in which the Company is a lessor
 
The table below presents the revenues accounted under ASC
842,
Leases, as lessors:
 
 
 
Three months ended March 31, 2019
 
   
(Dollars in thousands)
 
Revenues accounted under ASC 842, Leases
   
125,908
 
Lease income relating to variable lease payments not included in the measurement of the lease
   
-
 
Total
   
125,908