Leases (Tables)

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Summary of Operating Lease Cost

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

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2020			2019			2020			2019
	(unaudited)
Lease cost	$	558		$	518		$	1,673		$	1,553
Sublease income		(151	)		(151	)		(452	)		(452	)
Total lease cost	$	407		$	367		$	1,221		$	1,101

Summary of Maturity of Operating Lease Liabilities

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

	As of  September 30, 2020
	(unaudited)
2020	$	450
2021		1,785
2022		1,535
2023		1,522
2024		1,182
Thereafter		1,158
Total lease payments		7,632
Less imputed interest		(1,104	)
Present value of lease liabilities	$	6,528

Summary of Additional Information Relating to Company's Operating Leases

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

	As of  September 30, 2020
	(unaudited)
Weighted average remaining lease term (years)		4.70
Weighted average discount rate		6.85	%