Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2020

Commitments And Contingencies Disclosure [Abstract]

Components of Operating Lease Expense and Supplemental Cash Flow Information

The following table presents the components of operating lease expense, as well as supplemental cash flow information, related to the Company’s leases:

	For the Three Months Ended September 30,		For the Nine Months Ended September 30,
	2020
	(in thousands)
Operating lease expense1	$	555	$	1,717
Supplemental cash flow information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	567	$	1,753
Right-of-use assets obtained in exchange for lease obligations	$	—	$	—

1 Amounts have not been reduced by sublease income of $0.1 million and $0.3 million recognized during the three and nine months ended September 30, 2020, respectively.  

Information Regarding Operating Leases

The following table presents information regarding the Company’s operating leases:

	As of
	September 30, 2020
	(in thousands)
Operating lease right-of-use assets	$	12,143
Operating lease liabilities	$	12,482
Weighted-average remaining lease term (in years)		5.1
Weighted-average discount rate		4.3	%

Maturities of Lease Liabilities

The maturities of lease liabilities are as follows (in thousands):

Year Ending December 31,	Operating Leases
2020 (excluding the nine months ended September 30, 2020)	$	725
2021		2,846
2022		2,574
2023		2,596
2024		2,607
2025 and thereafter		2,607
Total undiscounted lease payments	$	13,955
Less discount		(1,473	)
Total lease liabilities	$	12,482