Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2021

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 June 30,		For the Six Months Ended June 30,
	2021
	(in thousands)
Operating lease expense1	$	598	$	1,187
Supplemental cash flow information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	610	$	1,211
Right-of-use assets obtained in exchange for lease obligations	$	—	$	—

1 Amounts have not been reduced by sublease income of $0.1 million and $0.2 million, respectively, recognized during the three and six months ended June 30, 2021.  

Information Regarding Operating Leases

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

	As of
	June 30, 2021
	(in thousands)
Operating lease right-of-use assets	$	10,391
Operating lease liabilities	$	10,694
Weighted-average remaining lease term (in years)		4.5
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
2021 (excluding the six months ended June 30, 2021)	$	1,403
2022		2,574
2023		2,574
2024		2,596
2025		2,607
2026 and thereafter		-
Total undiscounted lease payments	$	11,754
Less discount		(1,060	)
Total lease liabilities	$	10,694