Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.20.4
Leases (Tables)
 12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Schedule of Operating and Finance Leases Discount Rates, Total Lease Cost and Weighted Average Remaining Leases
Weighted average discount rates for operating and finance leases are as follows:
Operating Leases 8.33  %
Finance Leases 2.44  %
Individual components of the total lease cost incurred by the Company are as follows:
(in thousands) December 31, 2020
Operating lease cost $ 4,124 
Finance lease cost:
Reduction in carrying amount of right-of-use assets 92 
Interest on finance lease liabilities 24 
Total lease cost $ 4,240 
Weighted average remaining lease terms for operating and finance leases as of December 31, 2020 are as follows:
Operating Leases 15.47 years
Finance Leases 2.91 years
Schedule of Operating and Finance leases recorded in Consolidated Balance Sheet
Operating and finance lease amounts included in the consolidated balance sheet are as follows (in thousands):
Classification Financial Statement Line Item December 31, 2020
Assets Right-of-use assets, operating leases $ 31,769 
Assets Property, plant and equipment, net 56 
Current liabilities Current portion of lease liabilities, operating leases 867 
Current liabilities Current portion of lease liabilities, finance leases 19 
Non-current liabilities Non-current portion of lease liabilities, operating leases 32,771 
Non-current liabilities Non-current portion of lease liabilities, finance leases 37 
Schedule of Maturities For Operating Leases After Adoption of 842
The amounts of undiscounted future minimum lease payments under leases as of December 31, 2020 are as follows:
(in thousands) Operating Finance
2021 $ 3,610  $ 20 
2022 3,665  15 
2023 3,699  15 
2024 3,549  8 
2025 3,619  — 
Thereafter 43,540  — 
Total undiscounted minimum future lease payments 61,682  58 
Imputed Interest 28,044  2 
Total lease liabilities $ 33,638  $ 56 
Schedule of Maturities For Finance Leases After Adoption of 842
The amounts of undiscounted future minimum lease payments under leases as of December 31, 2020 are as follows:
(in thousands) Operating Finance
2021 $ 3,610  $ 20 
2022 3,665  15 
2023 3,699  15 
2024 3,549  8 
2025 3,619  — 
Thereafter 43,540  — 
Total undiscounted minimum future lease payments 61,682  58 
Imputed Interest 28,044  2 
Total lease liabilities $ 33,638  $ 56