Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases

Summary of Operating Leases

The table below summarizes our net lease cost:

	For the three months ended June 30,				For the six months ended June 30,
(In thousands)	2020		2019		2020		2019
Operating lease cost	$	148	$	138	$	295	$	285
Net lease cost	$	148	$	138	$	295	$	285

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

	For the three months ended June 30,				For the six months ended June 30,
(In thousands)	2020		2019		2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	142	$	130	$	283	$	268
ROU assets obtained in exchange for new operating lease liabilities	$	—	$	486	$	—	$	3,252

Summary of Other Information for Operating Leases

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

(In thousands, except percentages and years)	June 30, 2020			December 31, 2019
Weighted average remaining lease term in years		6.39			6.76
Weighted average discount rate		5.49	%		5.47	%
Operating lease right-of-use assets	$	2,555		$	2,792

Maturity of Remaining Operating Lease Liabilities

The table below summarizes the maturity of remaining lease liabilities:

(In thousands)	June 30, 2020
2020 (excluding the six months ended June 30, 2020)	$	274
2021		528
2022		477
2023		410
2024		361
2025 and thereafter		1,036
Total lease payments	$	3,086
Less: Interest		(491)
Present value of lease liabilities	$	2,595