Leases (Tables)

12 Months Ended

Dec. 31, 2019

Information regarding the Company’s operating leases is as follows:



(in thousands)	2019
Operating leases	$	1,273
Short-term leases (b)	139
Lease expense	$	1,412
Sub-lease income	—
Lease cost	$	1,412



(b)		Leases with an initial term of twelve months or less are not recorded on the Consolidated Balance Sheets.

Lessee, Operating Lease Liability, Current and Non-current

Components of the operating lease liability presented on the Consolidated Balance Sheets are as follows:



(in thousands)	2019
Current:
Operating lease liabilities	$	1,048
Non-current:
Operating lease liabilities	3,454
Total operating lease liabilities	$	4,502

Lessee, Operating Lease, Liability, Maturity

The future minimum lease payments under operating leases that have initial or remaining noncancelable lease terms in excess of one year as of December 31, 2019, are summarized as follows:



Year Ended (in thousands)
2020	$	1,229
2021	1,150
2022	939
2023	649
2024	478
Thereafter	577
Total undiscounted payments	$	5,022
Less: present value adjustment	(520		)
Operating lease liabilities	$	4,502

Operating Lease Other Information

Supplemental lease information is as follows:



	2019
Weighted average remaining lease term (years)	4.84
Weighted average discount rate	4.6	%