Leases and Commitments (Tables)

12 Months Ended

Dec. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Net Lease Cost

The table below summarizes our net lease cost:

(In thousands)	For the year ended December 31, 2019
Operating lease cost	$	589
Net lease cost	$	589

The table below summarizes the cash and non-cash activities associated with our leases:

(In thousands)	For the year ended December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	557
ROU assets obtained in exchange for new operating lease liabilities	$	3,295

Summary of Other Information for Operating Leases

The table below summarizes other information related to our operating leases:

(In thousands, except percentages and years)	December 31, 2019
Weighted average remaining lease term in years	6.76
Weighted average discount rate	5.47		%
Operating lease right-of-use assets	$	2,792

Summary of Maturity of Remaining Lease Liabilities

The table below summarizes the maturity of remaining lease liabilities:

(In thousands)	December 31, 2019
2020	$	558
2021	530
2022	478
2023	413
2024	366
2025 and thereafter	1,045
Total lease payments	$	3,390
Less: Interest	(566		)
Present value of lease liabilities	$	2,824