Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2020

Commitments and Contingencies [Abstract]

Summary of Leases

The following table summarizes the Company’s leases for the periods presented (in thousands, except lease term and discount rate):

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2020			2019			2020			2019
Finance lease cost - interest expense	$	267		$	270		$	536		$	542
Finance lease cost - amortization of right-of-use asset		67			67			134			133
Operating lease cost		105			198			180			379
Sublease income		(46	)		(121	)		(92	)		(243	)
Total lease cost	$	393		$	414		$	758		$	811
Other information:
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from finance lease	$	-		$	-		$	-		$	-
Operating cash flows from operating leases		88			212			153			425
Financing cash flows from finance lease		53			44			104			86
Total cash paid for amounts included in the measurement of lease liabilities	$	141		$	256		$	257		$	511
Right-of-use assets obtained in exchange for new operating lease liabilities	$	324		$	781		$	324		$	1,431
Weighted average remaining lease term—finance lease (years)		8.5			9.5			8.5			9.5
Weighted average remaining lease term—operating leases (years)		2.4			2.8			2.4			2.8
Weighted average discount rate—finance lease		19.1	%		19.1	%		19.1	%		19.1	%
Weighted average discount rate—operating leases		5.0	%		5.0	%		5.0	%		5.0	%

Maturities of Lease Liabilities

The following table summarizes the maturities of lease liabilities at June 30, 2020 (in thousands):

Year ending December 31,	Finance Leases			Operating Leases			Total Leases
2020 (excluding the six months ended June 30, 2020)	$	638		$	207		$	845
2021		1,080			346			1,426
2022		1,080			279			1,359
2023		1,080			184			1,264
2024		1,080			61			1,141
Thereafter		4,320			-			4,320
Total lease payments	$	9,278		$	1,077		$	10,355
Less imputed interest		(4,509	)		(89	)		(4,598	)
Total lease liabilities	$	4,769		$	988		$	5,757