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LEASES (Tables)
9 Months Ended
Sep. 30, 2020
LEASES  
Components of lease expense

 

 

 

 

 

 

 

 

    

Nine months

 

Nine months

 

 

ended

 

ended

 

 

 

September 30, 

 

 

September 30, 

(thousands of dollars)

 

2020

 

2019

Operating Lease Cost

 

 

 

 

 

 

Continuing Operations

 

$

112

 

$

112

Discontinued Operations

 

 

 4

 

 

 4

 

 

$

116

 

$

116

 

Schedule of Supplemental Cash Flow Information Related to Operating Leases

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months

 

Nine months

 

 

 

ended

 

ended

 

    

 

September 30, 2020

 

September 30, 2019

(thousands of dollars)

 

 

Continuing Operations

 

Discontinued Operations

 

Continuing Operations

 

Discontinued Operations

Cash paid for amounts included in lease liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flows from operating leases

 

$

115

$

 4

$

113

$

 4

 

 

 

 

 

 

 

 

 

 

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

 

 

  

 

 

 

  

 

 

Operating leases

 

$

383

$

10

$

498

$

15

 

Schedule of Supplemental Balance Sheet Information Relating to Operating Leases

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

September 30, 

 

December 31, 

 

 

2020

 

2019

(thousands of dollars, except lease term and discount rate)

 

 

Continuing Operations

 

 

Discontinued Operations

 

 

Continuing Operations

 

 

Discontinued Operations

Operating Leases

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease right-of-use assets

 

$

383

 

$

10

 

$

470

 

$

14

 

 

 

 

 

 

 

 

 

 

 

 

 

Current portion of lease liabilities

 

 

149

 

 

10

 

 

147

 

 

 6

Operating lease liabilities – long term portion

 

 

245

 

 

 —

 

 

332

 

 

 8

Total operating lease liabilities

 

$

394

 

$

10

 

$

479

 

$

14

 

Schedule of Weighted-average Remaining Lease Term and Discount Rate for Operating Leases

 

 

 

 

 

 

 

 

 

 

 

September 30, 

 

September 30, 

 

 

 

2020

 

2019

Weighted Average Remaining Lease Term (in years)

 

    

3.0

 

 

4.0

 

 

 

 

 

 

 

 

 

Discount Rate

 

 

9.5

%

 

9.5

%

 

Schedule of Maturities of Lease Liabilities for Operating Leases

 

 

 

 

 

 

 

    

September 30, 

 

 

2020

Lease payments by year (In thousands)

 

 

Continuing Operations

 

Discontinued Operations

2020 (remainder of year )

 

$

38

$

 2

2021

 

 

155

 

 6

2022

 

 

158

 

 4

2023

 

 

92

 

 —

Total lease payments

 

 

443

 

12

Less imputed interest

 

 

(49)

 

(2)

Total Operating Lease Liability

 

$

394

$

10