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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Components of lease expense
The components of lease expense were as follows:
 
Year Ended December 31,
  
2019
 
(in thousands)
    
Operating lease cost
  
$
2,216
 
Variable lease cost
  
 
528
 
  
 
 
 
Total lease cost
  
$
2,744
 
  
 
 
 
Supplemental cash flow information related to leases
Supplemental cash flow information related to leases was as follows:
 
Year Ended December 31,
  
2019
 
(in thousands)
    
Cash paid for amounts included in the measurement of lease liabilities:
  
Operating cash flows from operating leases
  
$
2,130
 
  
 
 
 
Right-of-use
assets obtained in exchange for lease obligations:
  
Operating leases
  
$
1,745
 
  
 
 
 
Supplemental balance sheet information related to leases
Supplemental balance sheet information related to leases was as follows:
 
Year Ended December 31,
  
2019
 
(in thousands, except lease term and
discount rate)
    
Operating Leases:
  
Operating lease
right-of-use
assets
  
$
12,521
 
Operating lease liabilities
  
$
12,690
 
Weighted Average Remaining Lease Term:
  
Operating Leases
  
 
11 Years
 
Weighted Average Discount Rate:
  
Operating Leases
  
 
3.5
%
Summary of Future Payments of Lease Liabilities
A summary of
future payments
of lease liabilities were as follows:
 
Year Ending December 31,
  
2019
 
 
2018
 
(in thousands)
   
 
 
 
 
 
2019
 
$
 
—  
 
 
$
 
2,490
 
2020
   
2,030
 
 
 
2,170
 
2021
  
 
1,754
 
 
 
1,694
 
2022
  
 
1,603
 
 
 
1,331
 
2023
  
 
1,545
 
 
 
1,104
 
2024
  
 
1,277
 
 
 
—  
 
Thereafter
  
 
7,312
 
 
 
1,074
 
  
 
 
 
 
 
 
 
Total lease payments
  
$
15,521
 
 
$
9,863
 
  
 
 
 
 
 
 
 
Less imputed interest
  
 
(2,831
)
 
 
 
 
  
 
 
 
 
 
 
 
Present value of lease liabilit
y
  
$
12,690