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Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases  
Schedule of components of leasing revenue

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 

 

 

2020

 

2019

Leasing revenue

   

 

 

 

 

 

Lease payments

 

$

3,382

 

$

2,680

Variable lease payments

 

 

918

 

 

826

Total leasing revenue

 

$

4,300

 

$

3,506

 

Schedule of minimum future base rental revenue

 

 

 

 

 

    

 

    

2020

 

$

10,863

2021

 

 

10,878

2022

 

 

9,745

2023

 

 

7,705

2024

 

 

6,505

Thereafter

 

 

17,762

 

 

$

63,458

 

Schedule of lease cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 

 

 

2020

 

2019

 

Lease cost

 

 

 

 

 

 

Finance lease cost:

 

 

 

 

 

 

Amortization of right-of-use assets

$

12

 

$

 4

 

Interest on lease liability

 

 3

 

 

 1

 

Operating lease cost

 

65

 

 

52

 

Short-term lease cost

 

78

 

 

64

 

Total lease cost

$

158

 

$

121

 

 

 

 

 

 

 

 

Other information

 

 

 

 

 

 

Weighted-average remaining lease term - finance lease (in years)

 

3.9

 

 

4.9

 

Weighted-average remaining lease term - operating leases (in years)

 

2.9

 

 

1.9

 

Weighted-average discount rate - finance lease

 

5.0

%

 

5.0

%

Weighted-average discount rate - operating leases

 

5.0

%

 

5.0

%

 

Schedule of aggregate payments of finance lease liability

The aggregate payments of finance lease liability subsequent to March 31, 2020, for the years ending December 31 are:

 

 

 

 

2020

 

$

41

2021

 

 

54

2022

 

 

54

2023

 

 

54

2024

 

 

10

Total

 

 

213

Less imputed interest

 

 

(20)

Total finance lease liability

 

$

193

 

Schedule of aggregate payments of operating lease liabilities

The aggregate payments of operating lease liabilities subsequent to March 31, 2020, for the years ending December 31 are:

 

 

 

 

2020

 

$

200

2021

 

 

201

2022

 

 

123

2023

 

 

83

2024

 

 

14

Thereafter

 

 

293

Total

 

 

914

Less imputed interest

 

 

(204)

Total operating lease liabilities

 

$

710