Note 8 - Leases

12 Months Ended

Dec. 31, 2020

Notes to Financial Statements

Leases of Lessee Disclosure [Text Block]

8. Leases

We have operating leases primarily associated with our corporate offices and regional service centers as well as for certain equipment. Our leases have remaining lease terms of

1

to

5

years, some of which include options, at our discretion, to extend the leases for additional periods generally on

one

-year revolving
periods. Other leases allow for us to terminate the lease based on appropriate notification periods. For certain of our leased offices, we sublease a portion of the unoccupied space. The terms of the sublease arrangement generally coincide with the underlying lease. The components of lease expense associated with our lease
liabilities and supplemental cash flow information related to those leases were as follows (dollar amounts in thousands):

	For the Year Ended December 31,
	2020			2019
Operating lease cost, gross	$	6,879		$	6,875
Sublease income		(5,133	)		(5,133	)
Net Operating lease cost	$	1,746		$	1,742
Cash paid under operating leases, gross	$	10,278		$	10,080
Weighted average remaining lease term - months		19
Weighted average discount rate		6.8	%

As of

December 31, 2020

, maturities of lease liabilities were as follows (in thousands):

	Gross Lease Payment			Payments received from Sublease			Net Lease Payment
2021	$	10,380		$	(7,315	)	$	3,065
2022		4,568			(3,112	)		1,456
2023		285			—			285
2024		100			—			100
2025		34			—			34
Thereafter		—			—			—
Total lease payments		15,367			(10,427	)		4,940
Less imputed interest		(1,591	)
Total	$	13,776

In addition, we occasionally lease certain equipment under cancelable and non-cancelable leases, which are accounted for as capital leases in our consolidated financial statements. As of

December 31, 2020

, we had

no

material non-cancelable capital leases with initial or remaining terms of more than

one

year.