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Leases (Tables)
6 Months Ended
Jun. 30, 2021
Lease Cost [Abstract]  
Schedule of Quantitative Information of Operating Leases

The following summarizes quantitative information about the Company’s operating leases (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Lease cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease cost

 

$

903

 

 

$

1,158

 

 

$

2,037

 

 

$

2,308

 

Short-term lease cost

 

 

91

 

 

 

100

 

 

 

195

 

 

 

200

 

Variable lease cost

 

 

408

 

 

 

408

 

 

 

751

 

 

 

692

 

Sublease income

 

 

(39

)

 

 

 

 

 

(65

)

 

 

 

Total lease cost

 

$

1,363

 

 

$

1,666

 

 

$

2,918

 

 

$

3,200

 

 

 

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

Operating cash flows from operating leases

 

$

1,944

 

 

$

2,247

 

ROU assets exchanged for new operating lease liabilities

 

$

126

 

 

$

545

 

Schedule of Maturities Operating Lease Liabilities

As of June 30, 2021, the maturities of the Company’s operating lease liabilities were as follows (in thousands):

 

Six months ending December 31, 2021

 

$

1,839

 

Year Ending December 31, 2022

 

 

3,643

 

Year Ending December 31, 2023

 

 

3,491

 

Year Ended December 31, 2024

 

 

13

 

Total

 

 

8,986

 

Less: present value discount

 

 

(1,024

)

Operating lease liabilities

 

$

7,962