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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2020
Commitments And Contingencies Disclosure [Abstract]  
Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to operating leases is as follows (dollars in thousands):

 

 

 

Six Months Ended

 

 

 

June 30, 2020

 

Cash payments for operating leases

 

$

1,765

 

Right-of-use assets obtained in exchange for operating lease obligations

 

 

265

 

 

 

 

June 30, 2020

 

Weighted-average remaining lease term

 

8.8 years

 

Weighted-average discount rate

 

 

8.9

%

Future Minimum Non-Cancelable Lease Payments Under Operating Leases

 


Future minimum non-cancelable payments under operating leases as of June 30, 2020, were as follows (in thousands):

 

 

 

 

Operating Leases

 

2020 (remainder)

 

 

$

1,635

 

2021

 

 

 

3,460

 

2022

 

 

 

2,937

 

2023

 

 

 

2,793

 

2024

 

 

 

2,711

 

Thereafter

 

 

 

16,052

 

Total future lease payments

 

 

 

29,588

 

Less imputed interest

 

 

 

10,184

 

Present value of lease liabilities

 

 

$

19,404

 

 

Operating Lease Expense

The operating lease expense for the three and six months ended June 30, 2020 and 2019, were as follows:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(in thousands)

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Operating lease expense

 

$

839

 

 

$

912

 

 

$

1,663

 

 

$

1,458