Lease

6 Months Ended

Jun. 30, 2019

Lease

9. Lease

We have an operating lease for our corporate headquarters with a remaining lease term of approximately four years. The lease includes a five-year renewal option at our sole discretion. The total operating lease expense for this lease was $0.1 million for the three months ended June 30, 2019 and 2018, respectively; and $0.2 million for the six months ended June 30, 2019 and 2018, respectively.

Cash paid for amount included in the measurement of operating lease liabilities was $0.1 million and $0.2 million for the three and six months ended June 30, 2019, respectively. The lease liabilities were measured using a discount rate of 7.15% based on the most recent borrowing rate for our senior secured Term B Loan at the time of adoption of ASC 842 as discussed in Note 1.

Future minimum lease payments on our corporate headquarters as of June 30, 2019 are as follows:

(In thousands)
Years ending December 31:
Remainder of 2019	$	204
2020		416
2021		428
2022		441
2023		201
Total future minimum lease payments		1,690
Imputed interest		(216)
Total	$	1,474
Reported as of June 30, 2019
Operating lease liability, current portion	$	317
Operating lease liability, net of current portion		1,157
Total	$	1,474