Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases

Schedule of operating lease asset

Operating lease right-of-use assets as of March 31, 2019 are as follows (in thousands):

Office leases	$	606
Land leases		772
Total operating lease right-of-use assets, net	$	1,378

Schedule of operating lease liabilities

Operating lease liabilities as of March 31, 2019 are as follows (in thousands):

Office leases	$	510
Land leases		810
Total current lease liabilities		1,320
Non-current office leases		327
Non-current land leases		25
Total lease liabilities	$	1,672

Summary of operating lease expense

Operating lease expense as of March 31, 2019 is as follows (in thousands):

Office leases	$	116
Land leases		120
Total operating lease expense (1)		236
Short-term lease expense		32
Land option expense		160
Total land option and lease expense	$	428

⁽¹⁾ Includes amortization of right-of-use assets of $184 thousand.

Summary of maturity of operating lease liabilities

Maturity of operating lease liabilities as of March 31, 2019 are as follows (in thousands, except lease term and discount rate):

2019 (remaining)	$	950
2020		1,140
2021		3
2022		—
2023		—
Thereafter		—
Total undiscounted lease payments		2,093
Discount to present value		(421)
Present value of lease liabilities	$	1,672
Weighted average remaining lease term - years		1.6
Weighted average discount rate - percent		12.0

Schedule of other information related to our operating leases

Other information related to our operating leases for the three months ended March 31, 2019 is as follows (in thousands):

Cash paid for amounts included in the measurement of operating lease liabilities:
Cash flows from operating activities	$	258
Noncash right-of-use assets recorded for operating lease liabilities:
Adoption of Topic 842		1,562
In exchange for new operating lease liabilities during the period		—