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LEASES (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Lessor, Operating Lease Disclosure
The following table presents minimum lease revenues and variable lease revenue for the years ended December 31, 2019 and 2018 (in thousands):
 
Year ended December 31,
 
2019
 
2018
Lease revenue
 
 
 
Fixed rent - Minimum lease revenue
$
2,574

 
$

Variable lease revenue
315

 

Total lease revenue
$
2,889

 
$

Components of Lease Expense
Supplemental cash flow information related to leases for the year ended December 31, 2019 (in thousands):
Cash paid for amounts included in the measurement of lease liabilities:
 
 
Operating cash flows from operating lease
 
$
465

Non-cash investing and financing activities:
 
 
Right-of-use assets and lease liabilities recorded upon adoption of ASC 842
 
 
Right-of-use assets
 
$
1,574

Lease liabilities
 
$
1,693


Supplemental balance sheet information related to leases as of December 31, 2019 was as follows (thousands, except lease term and discount rate):
Operating leases
 
 
Operating lease right-of-use assets in other assets
 
$
1,217

 
 
 
Operating lease liabilities in accounts payable and other accrued expenses
 
$
1,311

 
 
 
Weighted average remaining lease term
 
2.8 years

Operating leases - Weighted average discount rate
 
7.1
%
Lessee, Future Lease Payments
The following represents future payments on operating leases as of December 31, 2019 (in thousands):
Years ending
 
Amount
2020
 
$
575

2021
 
577

2022
 
304

Total lease payments
 
1,456

Less imputed interest
 
(145
)
Total
 
$
1,311

Lessee, Future Minimum Lease Payments

As of December 31, 2018, future minimum lease payments required under these various lease agreements are as follows (in
thousands):
Years ending
 
Amount
2019
 
$
305

2020
 
307

2021
 
308

2022
 
233

Total
 
$
1,153