General form of registration statement for all companies including face-amount certificate companies

Leases (Tables)

v3.21.2
Leases (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Leases [Abstract]    
Assets and Liabilities Total Right-of-Use (“ROU”) assets (recorded in “Other Assets”) and lease liabilities (recorded in “Accrued expenses and other current liabilities” and “Other noncurrent liabilities”) are as follows:
June 30, December 31,
2021 2020
(In thousands)
Right-of-use assets:
Net book value (Other assets) $ 1,536  $ 633 
Operating lease liabilities:
Current (Accrued expense and other current liabilities) $ 474  $ 494 
Noncurrent (Other noncurrent liabilities) 1,013  232 
1,487  726 
Financing lease liabilities:
Current (Accrued expense and other current liabilities) $ 33  $ — 
Noncurrent (Other noncurrent liabilities) 58  — 
$ 91  $ — 
Total lease liabilities $ 1,578  $ 726 
Total ROU assets (recorded in “Other Assets”) and lease liabilities (recorded in “Accrued expenses and other current liabilities” and “Other noncurrent liabilities”) were as follows:
December 31,
2020 2019
(In thousands)
Right-of-use assets:
Net book value (Other assets) $ 633  $ 1,175 
Operating lease liabilities:
Current (Accrued expense and other current liabilities) $ 494  $ 528 
Noncurrent (Other noncurrent liabilities) 232  660 
Total lease liabilities $ 726  $ 1,188 
Lease-Related Balances
Information about lease-related balances were as follows:
Six months ended June 30,
2021 2020
Operating lease expense $ 304  $ 285 
Financing lease expense 13  — 
Short-term lease expense 25  46 
Total lease expense $ 342  $ 331 
Cash paid for leases $ 628  $ 260 
Weighted – average remaining lease term – operating leases (years) 3.2 2
Weighted – average discount rate – operating leases 4.39  % 4.46  %
Information about lease-related balances were as follows:
Year Ended December 31,
2020 2019
(In thousands)
Operating lease expense $ 571  $ 397 
Short-term lease expense $ 27  $ 1 
Total lease expense $ 598  $ 398 
Cash paid for leases $ 557  $ 399 
Weighted-average remaining lease term – operating leases (years) 1.58 2.42
Weighted-average discount rate – operating leases 4.47  % 4.45  %
Future Minimum Lease Payments
Future minimum lease payments under non-cancellable operating leases as of June 30, 2021 are as follows:
(In thousands)
Remainder of 2021
 $ 243 
2022 562 
2023 471 
2024 430 
Total operating lease payments $ 1,706 
Less portion representing imputed interest (128)
Total operating lease liabilities $ 1,578 
Less current portion 507 
Long-term portion $ 1,071 
Future minimum lease payments under non-cancellable operating leases as of December 31, 2020 were as follows:
(In thousands)
Year ended December 31,
2021 $ 540 
2022 241 
2023 20 
Total operating lease payments 801 
Less portion representing imputed interest (75)
Total operating lease liabilities 726 
Less current portion 494 
Long-term portion $ 232