Right to Use Liability (Tables)

12 Months Ended

Dec. 31, 2018

Right to Use Liability

Schedule of right to use assets

The Company has included the right to use assets in property and equipment, net at December 31, as follows (in thousands):

	December 31,		December 31,
	2018		2017
Right to use assets	$	5,400	$	10,673
Accumulated depreciation		(540)		(926)
	$	4,860	$	9,747

Schedule of future changes in the right to use liability

The following is a schedule by year of the future changes in the right to use liability (in thousands):

2019	$	486
2020		486
2021		486
2022		486
2023		486
Thereafter (1)		7,889
Total minimum lease payments		10,319
Amounts representing interest		(5,172)
Present value of net minimum right to use liability payments	$	5,147

(1)    Includes $5.0 million of scheduled derecognition of right to use liability due to reductions in the lease deposit to less than two months’ rent.