LEASES (Tables)

3 Months Ended

Mar. 31, 2019

The table below presents the operating lease assets and liabilities recognized on the condensed consolidated balance sheet as of March 31, 2019:



	Balance Sheet Line Item	March 31, 2019
Operating lease assets	Operating lease right-of-use assets	$	2,928,000
Current operating lease liabilities	Operating lease liabilities, current	$	134,000
Noncurrent operating lease liabilities	Operating lease liabilities	$	2,919,000
Total operating lease liabilities	N/A	$	3,053,000

Lessee, Operating Lease, Lease Terms

The Company's weighted average remaining lease term and weighted average discount rate for operating leases as of March 31, 2019 is shown below:



		March 31, 2019
Weighted average remaining lease term (years)		4.93
Weighted average discount rate (%)		4.75

Lessee, Operating Lease, Liability, Maturity

The future minimum obligations under operating leases in effect as of December 31, 2018 having a noncancelable term in excess of one year as determined prior to the adoption of ASU 942 are as follows:



	December 31, 2018
2019	$	620,000
2020	726,000
2021	748,000
2022	557,000
2023	555,000
2024	376,000
Future minimum obligations	$	3,582,000