Leases (Tables)

9 Months Ended

Sep. 30, 2020

Lease costs were as follows:


	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
(in thousands)	2020		2019		2020		2019
Operating lease cost	$	828	$	819	$	2,484	$	2,465
Short-term lease cost	—		—		—		—
Variable lease cost	22		32		87		100
Sublease income	$	(31)	$	(31)	(92)		(92)
Net lease cost	$	819	$	820	$	2,479	$	2,473

The table below presents other information on the Company's operating leases for the nine months ended September 30, 2020 and 2019:


	Nine Months Ended September 30,
(in thousands)	2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,085	$	1,977
Right-of-use asset obtained in exchange for new operating lease liabilities	741		765

Maturity analysis of operating lease liabilities

A maturity analysis of operating lease liabilities and a reconciliation of the undiscounted cash flows to the total operating lease liability at September 30, 2020 are as follows:


(in thousands)
Within one year	$	3,309
After one year but within three years	5,405
After three years but within five years	4,320
After 5 years	9,160
Total undiscounted cash flows	22,194
Discount on cash flows	(3,723)
Total lease liability	$	18,471