Operating Leases (Tables)

9 Months Ended

Sep. 30, 2019

Operating Leases

Summary of components of lease expense

The Components of lease expense were as follows for the periods indicated (in thousands):

	Three months ended September 30,		Nine months ended September 30,
	2019		2019
Operating lease expense	$	287	$	929
Short Term lease expense		20		100
Total lease expense	$	307	$	1,029

Summary of maturities of our lease liabilities for all operating leases

Maturities of lease liabilities are as follows for the future one-year periods ending September 30, (in thousands):

2020	$	1,231
2021		1,136
2022		1,077
2023		1,055
2024		1,061
2025 and thereafter		5,169
Total lease payments	$	10,729
Less imputed interest		(1,843)
Present value	$	8,886

Summary of weighted average remaining lease terms and discount rates

	September 30,
	2019
Weighted Average Remaining Lease Term (Years)	9.46
Weighted Average Discount Rate	3.13%

Summary of cash flow information

Supplemental cash flow information related to operating leases was as follows for the periods indicated (in thousands):

	Nine months ended September 30,
	2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	1,002
Operating cash flows from financing lease	—
Financing cash flows from financing lease	—
Right-of-use assets obtained in exchange for new operating lease liabilities	39
Right-of-use assets obtained in exchange for new finance lease liabilities	—