XML 88 R43.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of Right-of-Use Assets and Lease Liabilities

The following table presents the Company’s right-of-use assets and lease liabilities as of December 31, 2019.

 

December 31,

 

 

2019

 

 

(In thousands)

 

Right-of-use asset

$

4,406

 

 

 

 

 

Lease liabilities:

 

 

 

Current lease liability

 

1,712

 

Long-term lease liability

 

2,720

 

Total lease liability

$

4,432

 

Schedule of Maturity Analysis of Minimum Lease Payment Obligation Under Non-cancellable Operating Leases

The following table reflects the Company’s maturity analysis of the minimum lease payment obligations under non-cancelable operating leases with a remaining term in excess of one year (in thousands):

 

Office leases

 

 

Leased vehicles and office equipment

 

 

Total

 

2020

$

1,603

 

 

$

688

 

 

$

2,291

 

2021

 

1,631

 

 

 

536

 

 

 

2,167

 

2022

 

140

 

 

 

59

 

 

 

199

 

2023 and thereafter

 

 

 

 

 

 

 

 

Total lease payments

$

3,374

 

 

$

1,283

 

 

$

4,657

 

Less: interest

$

177

 

 

$

48

 

 

$

225

 

Present value of lease liabilities

$

3,197

 

 

$

1,235

 

 

$

4,432

 

Schedule of Future Contractual Payment for Operating Leases

The following is a schedule of the Company’s future contractual payment for operating leases prepared in accordance with accounting standards prior to the adoption of ASC 842, as of December 31, 2018 (in thousands):

 

 

 

 

 

 

Payment or Settlement Due by Period

 

Operating leases

 

Total

 

 

2019

 

 

2020

 

 

2021

 

 

2022

 

 

2023

 

 

Thereafter

 

Operating leases

 

$

11,846

 

 

$

5,893

 

 

$

2,072

 

 

$

2,109

 

 

$

337

 

 

$

205

 

 

$

1,230

 

Schedule of Weighted Average Remaining Lease Terms and Discount Rate of Operating Leases

The weighted average remaining lease terms and discount rate for all of our operating leases were as follow as of December 31, 2019:

 

December 31,

 

 

2019

 

Weighted average remaining lease term (years):

 

 

 

Office leases

 

1.50

 

Vehicles

 

0.44

 

Office equipment

 

0.08

 

Weighted average discount rate:

 

 

 

Office leases

 

3.63

%

Vehicles

 

0.84

%

Office equipment

 

0.18

%