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LEASES (Tables)
12 Months Ended
Dec. 31, 2020
Lessee Disclosure [Abstract]  
Schedule of Operating Right-of-use Assets and Operating Lease Liabilities

The Company has various operating leases for office space and vehicles that expire through 2021 and 2031. Its lease agreements do not contain any material residual value guarantees or material restrictive covenants. Below is a summary of the Company's operating right-of-use assets and operating lease liabilities as of December 31, 2020:

December 31, 2020

December 31, 2019

Operating right-of-use assets

10,581

$

7,654

 

Operating lease liabilities, current

1,885

1,240

Operating lease liabilities long-term

8,732

6,499

Total operating lease liabilities

10,617

$

7,739

 

Weighted average remaining lease term (years)

8

9

Weighted average discount rate

3.27

%

3.56

%

Schedule of Minimum lease Payments

Minimum lease payments for the Company's right of use assets over the remaining lease periods as of December 31, 2020, are as follows:

 

2021

$

1,806

2022

1,671

2023

1,460

2024

1,303

2025

1,318

Thereafter

3,431

 

Total undiscounted lease payments

10,989

 

Less: Interest

(372

)

 

Present value of lease liabilities

$

10,617