Leases

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Leases

NOTE 15. LEASES

The following presents supplemental information related to our leases in which we are the lessee for the three and nine months ended September 30, 2019 (in thousands):

	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2019		2019
Cash paid for amounts included in lease liabilities
Operating cash flows from operating leases	$	168	$	333
ROU assets obtained in exchange for lease obligations
Operating leases	$	3,639	$	3,639
Lease Cost
Operating leases	$	213	$	378
Short-term leases	$	103	$	697

The weighted average remaining lease term on our operating leases is 5.6 years. The weighted average discount rate on those leases is 7.1%. Rent expense including common area charges was $0.3 million and $1.0 million for the three and nine months ended September 30, 2018, respectively.

The following presents maturities of operating lease liabilities in which we are the lessee as of September 30, 2019 (in thousands):

Remainder of 2019	$	180
2020	637
2021	687
2022	818
2023	913
Thereafter	1,583
Total lease payments	4,818
Less imputed interest	(939		)
	$	3,879

The net investment in sales-type leases, where we are the lessor, is a component of other current assets and other non-current assets in our condensed consolidated balance sheet. As of September 30, 2019, the total net investment in these leases was $0.6 million. The following presents maturities of lease receivables under sales-type leases as of September 30, 2019 (in thousands):

Remainder of 2019	$	62
2020	197
2021	139
2022	106
2023	53
Thereafter	13
Total undiscounted cash flows	570
Less imputed interest	(3		)
Present value of lease payments	$	567

Leases

NOTE 15. LEASES

The following presents supplemental information related to our leases in which we are the lessee for the three and nine months ended September 30, 2019 (in thousands):

	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2019		2019
Cash paid for amounts included in lease liabilities
Operating cash flows from operating leases	$	168	$	333
ROU assets obtained in exchange for lease obligations
Operating leases	$	3,639	$	3,639
Lease Cost
Operating leases	$	213	$	378
Short-term leases	$	103	$	697

The weighted average remaining lease term on our operating leases is 5.6 years. The weighted average discount rate on those leases is 7.1%. Rent expense including common area charges was $0.3 million and $1.0 million for the three and nine months ended September 30, 2018, respectively.

The following presents maturities of operating lease liabilities in which we are the lessee as of September 30, 2019 (in thousands):

Remainder of 2019	$	180
2020	637
2021	687
2022	818
2023	913
Thereafter	1,583
Total lease payments	4,818
Less imputed interest	(939		)
	$	3,879

The net investment in sales-type leases, where we are the lessor, is a component of other current assets and other non-current assets in our condensed consolidated balance sheet. As of September 30, 2019, the total net investment in these leases was $0.6 million. The following presents maturities of lease receivables under sales-type leases as of September 30, 2019 (in thousands):

Remainder of 2019	$	62
2020	197
2021	139
2022	106
2023	53
Thereafter	13
Total undiscounted cash flows	570
Less imputed interest	(3		)
Present value of lease payments	$	567