Quarterly report pursuant to Section 13 or 15(d)

Lease Agreements (Tables)

v3.21.1
Lease Agreements (Tables)
3 Months Ended
Mar. 31, 2021
Lease Agreements  
Schedule of components of operating lease expense

For the three months ended March 31, 2021 and 2020, the components of our operating lease expense were as follows (in thousands):

​

​

​

​

​

​

​

​

​

​

Three Months Ended 

​

​

March 31, 

​

​

2021

​

2020

Fixed operating lease expense

    

$

1,340

    

$

1,340

Variable operating lease expense

​

​

229

​

​

251

Total operating lease expense

 

$

1,569

 

$

1,591

Schedule of supplemental information related to operating lease

Supplemental information related to our operating lease for the three months ended March 31, 2021 and 2020 were as follow (in thousands):

​

​

​

​

​

​

​

​

Three Months Ended 

​

March 31, 

​

2021

​

2020

Cash payments included in the measurement of operating lease liabilities

$

2,496

​

$

2,400

Schedule of operating sublease information

For the three months ended March 31, 2021 and 2020, we have the following operating sublease information (in thousands):

​

​

​

​

​

​

​

​

​

Three Months Ended 

​

​

March 31, 

​

​

2021

​

2020

Fixed sublease expense

    

$

1,095

    

$

1,095

Variable sublease expense

​

​

241

​

​

223

Sublease income

​

​

(1,336)

​

​

(1,318)

Net

 

$

—

 

$

—

Schedule of future minimum lease payments

The following table presents the future lease payments of our operating lease liabilities as of March 31, 2021 (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Operating Lease

​

​

Sublease Receipts

​

​

Net

Remainder of 2021

​

$

7,586

​

$

(3,412)

​

$

4,174

2022

​

​

10,485

​

​

(4,716)

​

​

5,769

2023

​

​

877

​

​

(394)

​

​

483

Total minimum payments required

​

$

18,948

​

$

(8,522)

​

$

10,426