LEASES (Tables)

3 Months Ended

Mar. 31, 2020

Right of use assets and lease liabilities

The Company’s ROU assets and operating lease liabilities were included in the consolidated balance sheets as follows (in thousands):



	March 31, 2020		December 31, 2019
Right of use assets:
Right of use assets - long-term⁽¹⁾	$	2,037	$	1,722

Lease liabilities:
Lease liabilities - current ⁽²⁾	$	829	$	412
Lease liabilities - long-term ⁽³⁾	1,224		1,323
Total lease liabilities	$	2,053	$	1,735

⁽¹⁾Right of use assets - long-term are included in other assets on the consolidated balance sheets.

⁽²⁾Lease liabilities - current are included in accrued liabilities and other on the consolidated balance sheets.

⁽³⁾ Lease liabilities - long-term are included in long-term derivatives instruments and other non-current liabilities on the consolidated balance sheets.

Components of lease costs and other information

The components of lease cost were classified as follows (in thousands):



	Three Months Ended March 31, 2020
Fixed lease costs	$	265
Short-term lease costs	218
Variable lease costs	84
Sublease income	(22		)
Total lease costs	$	545



Lease Cost included in the Consolidated Financial Statements	Three Months Ended March 31, 2020
Production costs	370
General and administrative	175
Total lease costs expensed	545
Sublease income	(22		)
Total lease costs	$	545

During the three months ended March 31, 2020, the following cash activities were associated with the Company’s leases as follows (in thousands):



Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows from operating leases	$	262
Investing cash flows from operating leases	$	—

As of March 31, 2020, the weighted average lease term and discount rate related to the Company’s remaining leases were as follows:



Lease term and discount rate
Weighted-average remaining lease term (years)	3.53
Weighted-average discount rate	5.31	%

Minimum future payments for long-term operating leases under scope of ASC 842

As of March 31, 2020, minimum future payments, including imputed interest, for long-term operating leases under the scope of ASC Topic 842, “Leases”, were as follows (in thousands):



Year	Amount
2020	$	780
2021	425
2022	353
2023	379
2024	315
Total	2,252
Less: the effects of discounting	(199		)
Present value of lease liabilities	$	2,053