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Leases
9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Leases Leases
The components of lease expense were as follows (in thousands):
Three Months Ended September 30,
Nine Months Ended September 30,
2021202020212020
Operating lease cost$182 $182 $546 $542 
Short-term lease cost(1)
26 13 83 
Finance lease cost
Amortization of right-of-use assets305 305 915 915 
Interest on lease liabilities187 205 574 622 
Total finance lease cost492 510 1,489 1,537 
Total lease costs$678 $718 $2,048 $2,162 
(1) Leases that have terms of 12 months or less
The weighted average remaining lease terms and discount rates were as follows:
September 30,
20212020
Weighted average remaining lease term (in years):
Finance leases7.6 years8.6 years
Operating leases1.9 years2.8 years
Weighted average discount rate:
Finance leases5.04 %5.04 %
Operating leases5.75 %5.75 %
Future minimum lease commitments at September 30, 2021 were as follows (in thousands):
Year Ending December 31,Operating LeasesFinance Leases
2021 (excluding the nine months ended September 30, 2021)$181 $530 
2022603 2,149 
2023373 2,202 
202427 2,258 
2025— 2,314 
After 2025— 8,344 
Total lease payments1,184 17,797 
Less imputed interest(66)(3,149)
   Total1,118 14,648 
Less Short-term portion602 1,430 
   Total, net of short-term portion$516 $13,218 
Supplemental cash flow information related to leases was as follows (in thousands):
Nine Months Ended September 30,
20212020
Cash paid for amounts included in the measurement of lease liabilities:
Cash flows from operating activities - operating leases$586 $552 
Cash flows from operating activities - finance leases574 622 
Cash flows from financing activities - finance leases993 907 
Operating lease right-of-use assets obtained in exchange for lease obligations486 455 
Leases Leases
The components of lease expense were as follows (in thousands):
Three Months Ended September 30,
Nine Months Ended September 30,
2021202020212020
Operating lease cost$182 $182 $546 $542 
Short-term lease cost(1)
26 13 83 
Finance lease cost
Amortization of right-of-use assets305 305 915 915 
Interest on lease liabilities187 205 574 622 
Total finance lease cost492 510 1,489 1,537 
Total lease costs$678 $718 $2,048 $2,162 
(1) Leases that have terms of 12 months or less
The weighted average remaining lease terms and discount rates were as follows:
September 30,
20212020
Weighted average remaining lease term (in years):
Finance leases7.6 years8.6 years
Operating leases1.9 years2.8 years
Weighted average discount rate:
Finance leases5.04 %5.04 %
Operating leases5.75 %5.75 %
Future minimum lease commitments at September 30, 2021 were as follows (in thousands):
Year Ending December 31,Operating LeasesFinance Leases
2021 (excluding the nine months ended September 30, 2021)$181 $530 
2022603 2,149 
2023373 2,202 
202427 2,258 
2025— 2,314 
After 2025— 8,344 
Total lease payments1,184 17,797 
Less imputed interest(66)(3,149)
   Total1,118 14,648 
Less Short-term portion602 1,430 
   Total, net of short-term portion$516 $13,218 
Supplemental cash flow information related to leases was as follows (in thousands):
Nine Months Ended September 30,
20212020
Cash paid for amounts included in the measurement of lease liabilities:
Cash flows from operating activities - operating leases$586 $552 
Cash flows from operating activities - finance leases574 622 
Cash flows from financing activities - finance leases993 907 
Operating lease right-of-use assets obtained in exchange for lease obligations486 455