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Leases (Tables)
6 Months Ended
Jun. 30, 2021
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,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

(unaudited)

 

 

 

 

 

 

 

 

 

Lease cost

 

$

560

 

 

$

533

 

 

$

1,120

 

 

$

1,061

 

Sublease income

 

 

(151

)

 

 

(151

)

 

 

(301

)

 

 

(301

)

Total lease cost

 

$

409

 

 

$

382

 

 

$

819

 

 

$

760

 

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, 2021

 

 

 

(unaudited)

 

2021

 

$

916

 

2022

 

 

1,621

 

2023

 

 

1,606

 

2024

 

 

1,227

 

2025

 

 

867

 

Thereafter

 

 

291

 

Total lease payments

 

 

6,528

 

Less imputed interest

 

 

(816

)

Present value of lease liabilities

 

$

5,712

 

Summary of Additional Information Relating to Company's Operating Leases

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

 

 

As of  June 30, 2021

 

 

 

(unaudited)

 

Weighted average remaining lease term (years)

 

 

4.06

 

Weighted average discount rate

 

 

6.75

%