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LEASES (Tables)
3 Months Ended
Mar. 31, 2019
LEASES  
Schedule of lease expense

 

 

 

 

 

    

Three Months Ended March 31,

Lease Cost

 

2019

Operating lease cost

 

$

274

Finance lease interest cost

 

 

17

Finance lease amortization expense

 

 

65

Total lease cost

 

$

356

 

Schedule of supplemental balance sheet information related to leases

 

 

 

 

 

 

 

 

    

Balance Sheet Location

    

March 31, 2019

Assets

 

 

 

 

 

Operating lease assets

 

Operating lease assets

 

$

5,388

Finance lease assets

 

Property, Plant and Equipment

 

 

1,358

Total leased assets

 

 

 

 

6,745

Liabilities

 

  

 

 

  

Current

 

  

 

 

  

Current operating lease liabilities

 

Current Portion of Operating Lease Obligations

 

 

811

Current finance lease liabilities

 

Current Portion of Finance Lease Obligations

 

 

359

Noncurrent

 

  

 

 

  

Long-term operating lease liabilities

 

L-T Operating Lease Liabilities, Net

 

 

4,813

Long term finance lease liabilities

 

L-T Finance Lease Obligations, Net

 

 

864

Total lease liabilities

 

 

 

$

6,847

 

Schedule of supplemental cash flow information related to leases

 

 

 

 

 

 

    

Three Months Ended March 31,

 

 

2019

Operating leases

 

 

  

Cash paid for amounts included in the measurement of lease liabilities

 

$

107

Right-of-use assets obtained in exchange for lease obligations

 

$

 —

 

Schedule of maturities of lease liabilities

 

 

 

 

 

 

 

 

 

 

 

 

    

Operating Leases

    

Finance Leases

    

Total

Remaining 2019

 

$

671

 

$

320

 

$

991

2020

 

 

858

 

 

398

 

 

1,256

2021

 

 

722

 

 

398

 

 

1,120

2022

 

 

726

 

 

223

 

 

949

2023

 

 

738

 

 

 2

 

 

740

Thereafter

 

 

3,380

 

 

 —

 

 

3,380

Total lease payments

 

$

7,095

 

$

1,341

 

$

8,436

Less: Interest

 

 

(1,471)

 

 

(118)

 

 

(1,589)

Present value of lease liabilities

 

$

5,624

 

$

1,223

 

$

6,847

 

Schedule of weighted-average remaining lease term and weighted-average discount rate

 

 

 

 

 

    

March 31,

 

 

 

2019

 

Weighted-average remaining lease term (years)

 

 

 

Operating leases

 

8.3

 

Finance leases

 

3.7

 

Weighted-average discount rate

 

  

 

Operating leases

 

4.8

%

Finance leases

 

5.4

%

 

Schedule of future minimum lease commitments

The future minimum lease commitments as of December 31, 2018, under ASC 840 are as follows:

 

 

 

 

 

 

    

Operating Leases

2019

 

$

1,024

2020

 

 

858

2021

 

 

722

2022

 

 

726

2023

 

 

738

Thereafter

 

 

3,380

Total minimum obligations

 

$

7,448