Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Components of Lease Costs

Components of our lease costs for the three and nine months ended September 30, 2019 are as follows (in thousands):

	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
Amortization of ROU assets - Finance leases	$	19	$	58
Interest on lease liabilities - Finance leases		6		17
Variable lease cost  (cost excluded from lease payments)		113		337
Operating lease cost (cost resulting from lease payments)		331		918
Total lease cost	$	469	$	1,330

Supplemental Cash Flow Information and Non-Cash Activity Related to Operating and Financing Leases

Supplemental cash flow information and non-cash activity related to our operating and financing leases as of September 30, 2019 are as follows (in thousands):

	Nine Months Ended September 30, 2019
Finance lease - Operating cash flows	$	20
Finance lease - Financing cash flows	$	66
Operating lease - Operating cash flows (fixed payments)	$	613
Operating lease - Operating cash flows (liability reduction)	$	465

Supplemental Balance Sheet Information Related to Operating and Financing Leases

Supplemental balance sheet information related to our operating and financing leases as of September 30, 2019 are as follows (in thousands):

	Balance Sheet Classification	September 30, 2019
Right-of-use assets - operating	Other assets	$	6,567
Right-of-use assets - finance	Other assets	$	323
Lease Liability (1) - operating	Accounts payable and other liabilities	$	(8,293	)
Lease Liability - finance	Accounts payable and other liabilities	$	(342	)
(1) Includes $1.3 million in lease incentives received in the first quarter of 2019.

Weighted-Average Remaining Lease Term and Discount Rate for Operating and Financing Leases

Weighted-average remaining lease term and discount rate for our operating and financing leases as of September 30, 2019 are as follows:

	September 30, 2019
Weighted average lease term - Finance leases	3.91 yrs.
Weighted average lease term - Operating leases	8.19 yrs.
Weighted average discount rate - Finance leases		7.09	%
Weighted average discount rate - Operating leases		5.32	%

Maturities of Lease Liabilities by Fiscal Year for Operating and Financing Leases

Maturities of lease liabilities by fiscal year for our operating and financing leases as of September 30, 2019 are as follows (in thousands):

	September 30, 2019
2019 remaining	$	380
2020		1,442
2021		1,401
2022		1,425
2023		1,371
2024 and thereafter		4,695
Total lease payments		10,714
Less: imputed interest		(2,079	)
Present value of lease liabilities	$	8,635