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Leases (Tables)
 9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Lease, Cost
Lease expense is included in office and technology expenses in the unaudited Consolidated Statements of Operations. Information regarding the Company’s operating leases follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
(in thousands)2021202020212020
Operating leases$350 $327 $1,002 $968 
Short-term leases (b)93 44 249 110 
Lease expense$443 $371 $1,251 $1,078 
Sub-lease income— — — — 
Lease cost$443 $371 $1,251 $1,078 
(b)Leases with an initial term of twelve months or less are not recorded on the unaudited Consolidated Balance Sheets.
Lessee, Operating Lease Liability, Current and Non-current
Components of the operating lease liability presented on the unaudited Consolidated Balance Sheets are as follows:
(in thousands)As of
September 30, 2021		As of
December 31, 2020
Current:
Operating lease liabilities$1,032 $1,068 
Non-current:
Operating lease liabilities2,392 2,601 
Total operating lease liabilities$3,424 $3,669 
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 September 30, 2021, are summarized as follows:
Year Ended (in thousands)
2021$315 
20221,115 
2023799 
2024598 
2025410 
Thereafter504 
Total undiscounted payments$3,741 
Less: present value adjustment(317)
Operating lease liabilities$3,424 
Operating Lease Other Information
Supplemental lease information is as follows:
As of
September 30, 2021		As of
December 31, 2020
Weighted average remaining lease term (years)4.164.24
Weighted average discount rate4.4 %4.6 %