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

Leases (Tables)

v3.21.2
Leases (Tables)
 9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Leases [Abstract]    
Schedule of lease related assets and liabilities
Classification on the Balance Sheet   September 30,
2021		     December 31,
2020		  
    (in thousands)  
Operating lease right of use assets   $ 26     $ 45  
Total lease assets   $ 26     $ 45  
                 
Current operating lease liabilities   $ 26     $ 25  
                 
Long-term operating lease liabilities   $
—
     $ 20  
Total lease liabilities   $ 26     $ 45  

 
        December 31,     December 31,  
(in thousands)   Classification on the Balance Sheet   2020     2019  
Assets                    
Operating lease assets   Operating lease right of use assets   $ 45     $ 122  
    Total lease assets   $ 45     $ 122  
                     
Liabilities                    
Current liabilities:                    
Operating lease liabilities   Current operating lease liabilities   $ 25     $ 86  
Noncurrent liabilities:                    
Operating lease liabilities   Long-term operating lease liabilities   $ 20     $ 27  
    Total lease liabilities   $ 45     $ 113  

Schedule of operating lease cost
    Three Months Ended
September 30,		     Nine Months Ended
September 30,		  
Classification   2021     2020     2021     2020  
    (in thousands)     (in thousands)  
General and administrative expenses   $ 7     $ 12     $ 20     $ 22  
Total lease cost   $ 7     $ 12     $ 20     $ 22  

 
(in thousands)       Years Ended December 31,  
Lease cost   Classification   2020     2019  
Operating lease cost   General and administrative expenses   $ 45     $ 60  
    Total lease cost   $ 45     $ 60  

 
Schedule of cash flow information related to leases
    Nine Months Ended
September 30,		  
    2021     2020  
    (in thousands)  
Cash paid for amounts included in the measurement of lease liabilities:            
Operating cash flows for operating leases   $ 20     $ 15  
Supplemental non-cash amounts of lease liabilities arising from obtaining right-of-use assets/(decrease) of lease liability due to cancellation of leases    
—
       (34 )

 
    Years Ended December 31,  
(in thousands)   2020     2019  
Cash paid for amounts included in the measurement of lease liabilities:                
Operating cash flows for operating leases   $ 41     $ 61  
Supplemental non-cash amounts of lease liabilities arising from obtaining right-of-use assets/(decrease) of lease liability due to cancellation of leases   $ (31 )   $ 176  

 
Schedule of weighted average remaining lease terms and weighted average discount rates
    September 30,
2021		     December 31,
2020		  
Weighted average remaining lease term - operating leases     1.00 years       1.75 years  
Weighted average discount rate - operating leases     12.00 %     12.00 %

 
    December 31,     December 31,  
    2020     2019  
Weighted average remaining lease term - operating leases     1.75 years       1.67 years  
Weighted average discount rate - operating leases     12.00 %     12.00 %

 
Schedule of reconciles the fixed component of the undiscounted cash flows  
Amounts due in   Operating Leases  
    (in thousands)  
2021   $ 25  
2022     20  
2023    
—
  
Total minimum lease payments     45  
Less: effect of discounting    
—
  
Present value of future minimum lease payments     45  
Less: current obligations under leases     (25 )
Long-term lease obligations   $ 20