XML 56 R37.htm IDEA: XBRL DOCUMENT v3.20.4
Leases (Tables)
12 Months Ended
Dec. 31, 2020
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 for the period presented:

 

December 31,

 

 

December 31,

 

 

2020

 

 

2019

 

 

(In thousands)

 

Right-of-use asset

$

2,500

 

 

$

4,406

 

 

 

 

 

 

 

 

 

Lease liabilities:

 

 

 

 

 

 

 

Current lease liability

 

2,258

 

 

 

1,712

 

Long-term lease liability

 

266

 

 

 

2,720

 

Total lease liability

$

2,524

 

 

$

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

 

2021

$

1,631

 

 

$

634

 

 

$

2,265

 

2022

 

140

 

 

 

157

 

 

 

297

 

2023

 

 

 

 

35

 

 

 

35

 

2024 and thereafter

 

 

 

 

 

 

 

 

Total lease payments

 

1,771

 

 

 

826

 

 

 

2,597

 

Less: interest

 

51

 

 

 

22

 

 

 

73

 

Present value of lease liabilities

$

1,720

 

 

$

804

 

 

$

2,524

 

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 for the period presented:

 

December 31,

 

 

2020

 

 

2019

 

Weighted average remaining lease term (years):

 

 

 

 

 

 

 

Office leases

 

0.74

 

 

 

1.50

 

Vehicles

 

0.34

 

 

 

0.44

 

Office equipment

 

0.04

 

 

 

0.08

 

Weighted average discount rate:

 

 

 

 

 

 

 

Office leases

 

3.41

%

 

 

3.63

%

Vehicles

 

0.96

%

 

 

0.84

%

Office equipment

 

0.17

%

 

 

0.18

%