Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Components of lease expense

The components of lease expense were as follows:

	Three Months Ended 6/30/2019		Six Months Ended 6/30/2019
(in thousands)
Operating lease cost	$	563	$	1,126
Variable lease cost		136		284
Total lease cost	$	699	$	1,410

Supplemental cash flow information related to leases

Supplemental cash flow information related to leases was as follows:

	Three Months Ended 6/30/2019		Six Months Ended 6/30/2019
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	539	$	1,077
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	442	$	885

Supplemental balance sheet information related to leases

Supplemental balance sheet information related to leases was as follows:

	6/30/2019
(in thousands, except lease term and discount rate)
Operating Leases:
Operating lease right-of-use assets	$	14,197
Operating lease liabilities	$	14,356
Weighted Average Remaining Lease Term:
Operating Leases		11 Years
Weighted Average Discount Rate:
Operating Leases		3.5%

Maturities of lease liabilities

A summary of future minimum rental payments under such leases as the dates indicated follows:

	Minimum Rental Payments
	June 30, 2019			December 31, 2018
	(in thousands)
Year Ending December 31,
2019	$	1,117		$	2,490
2020		2,168			2,170
2021		1,889			1,694
2022		1,733			1,331
2023		1,671			1,104
Thereafter		8,949			1,074
Total lease payments	$	17,527		$	9,863
Less imputed interest		(3,171	)
Present value of lease liability	$	14,356