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LEASES (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Summary of Supplemental Statement of Operations Information Related to Operating and Finance Lease Costs The following table summarizes supplemental statement of operations information related to operating and finance lease costs as indicated (in thousands):

 

 

Three months ended March 31,

 

Supplemental statement of operations information:

 

2020

 

 

2019

 

Operating lease cost

 

$

535

 

 

$

526

 

 

 

 

 

 

 

 

 

 

Amortization of right-to-use assets

 

$

114

 

 

$

113

 

Interest on lease liabilities

 

 

14

 

 

 

17

 

Finance lease cost

 

$

128

 

 

$

130

 

 

Summary of Undiscounted Future Operating and Finance Lease Payments

The following table summarizes undiscounted future operating and finance lease payments as of March 31, 2020 and for the five years thereafter (in thousands):

 

As of March 31, 2020

 

Operating Leases

 

 

Finance Leases

 

2020 - remaining

 

$

1,281

 

 

$

393

 

2021

 

 

1,645

 

 

 

519

 

2022

 

 

1,621

 

 

 

394

 

2023

 

 

1,019

 

 

 

20

 

2024

 

 

102

 

 

 

13

 

Thereafter

 

 

76

 

 

 

 

Total undiscounted lease payments

 

 

5,744

 

 

 

1,339

 

Less: imputed interest

 

 

488

 

 

 

82

 

Total

 

$

5,256

 

 

$

1,257

 

Summary of Supplemental Information Related to Operating and Finance Leases

The following table summarizes supplemental information related to operating and finance leases as indicated below:

 

 

 

As of March 31, 2020

 

 

 

Operating Leases

 

 

Finance Leases

 

Weighted-average remaining lease term

 

5 - 65 months

 

 

14 - 52 months

 

Weighted-average discount rate

 

 

5.4

%

 

 

4.8

%

Range of remaining term

 

41 months

 

 

34 months

 

Summary of Supplemental Balance Sheet Information Related to Financing Leases

The following table summarizes balance sheet information related to financing leases as indicated (in thousands):

 

 

As of

 

Financing Lease Right-of-Use Assets and Liabilities:

 

March 31, 2020

 

 

December 31, 2019

 

Property and equipment, at cost

 

$

5,573

 

 

$

5,627

 

Accumulated depreciation

 

 

(3,780

)

 

 

(3,697

)

Property and equipment, net

 

$

1,793

 

 

$

1,930

 

 

 

 

 

 

 

 

 

 

Other current liabilities

 

$

473

 

 

$

474

 

Other long-term liabilities

 

 

784

 

 

 

914

 

Total finance lease liabilities

 

$

1,257

 

 

$

1,388