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Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Summary of Operating Lease Cost

Operating lease cost consists of the following (in thousands):

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

(unaudited)

 

 

 

 

 

 

 

 

 

Lease cost

 

$

533

 

 

$

436

 

 

$

1,061

 

 

$

790

 

Sublease income

 

 

(151

)

 

 

(151

)

 

 

(301

)

 

 

(301

)

Total lease cost

 

$

382

 

 

$

285

 

 

$

760

 

 

$

489

 

Summary of Maturity of Operating Lease Liabilities

The maturity of operating lease liabilities is presented in the following table (in thousands):

 

 

As of  June 30, 2020

 

 

 

(unaudited)

 

2020

 

$

1,323

 

2021

 

 

1,770

 

2022

 

 

1,523

 

2023

 

 

1,510

 

2024

 

 

1,182

 

Thereafter

 

 

1,158

 

Total lease payments

 

 

8,466

 

Less imputed interest

 

 

(1,637

)

Present value of lease liabilities

 

$

6,829

 

Summary of Additional Information Relating to Company's Operating Leases

Additional information relating to the Company’s operating leases follows:

 

 

As of  June 30, 2020

 

 

 

(unaudited)

 

Weighted average remaining lease term (years)

 

 

4.92

 

Weighted average discount rate

 

 

6.85

%