LEASES (Tables)

9 Months Ended

Sep. 30, 2019

LEASES

Schedule of Maturity Analysis of the Operating Lease Liabilities

	Operating lease
Years ending December 31, (in thousands)	Obligation
2019	$	136
2020		561
2021		581
2022		595
2023		606
2024 - 2029		3,495
Total undiscounted lease payments		5,974
Less imputed interest		(773)
Lease liability	$	5,201
Right-of-use asset	$	5,201

Schedule of Lease Cost

	Three months ended			Nine months ended
	September 30, 2019			September 30, 2019
Lease cost
Operating lease cost	$	128		$	372
Short-term lease cost		6			18
Total lease cost	$	134		$	390
Other information
Operating cash outflows from operating leases	$	372
Weighted-average remaining lease term - operating leases		10.1 years
Weighted average discount rate - operating leases		2.8	%