Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Elements of Lease Expense

As of September 30, 2019, assets under operating lease were $11.4 million.  The elements of lease expense were as follows (in thousands):

	For Nine Months Ended September 30, 2019
Lease cost:
Operating lease cost		2,405
Variable lease cost (1)		323
Sublease income		(105	)
Total Lease cost		2,623
Other information:
Operating cash flows used for operating leases		2,322
Operating lease liabilities arising from obtaining
right-of-use assets		11,863
Weighted-average remaining lease term in years		3.8
Weighted-average discount rate		10.37	%

(1) The variable lease costs for the nine months ended September 30, 2019 include common area maintenance charges.

Schedule of Future Minimum Lease Payments Under the Operating Lease

Future minimum lease payments under the operating lease as of September 30, 2019 are as follows (in thousands):

Year Ending December 31,
2019 (remainder of year)		838
2020		3,592
2021		3,880
2022		3,997
2023		2,033
	$	14,340
Present value adjustment		(2,477	)
Present value of lease liabilities	$	11,863