Leases (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Leases [Abstract]    
Summary of Lease Costs Recognized under ASC 842 and Other Information Pertaining to Operating Leases
The following table contains a summary of the lease costs recognized under ASC 842 and other information pertaining to the Corporation’s operating leases for the three months ended March 31, 2021:
 
Three Months Ended March 31, 2021
    
   
(in thousands)
 
Operating lease cost
  $1,135 
Variable lease cost
   152 
Short-term lease cost
   15 
Sublease income
   (774) 
  
 
 
 
Total lease cost
  $528 
  
 
 
 
Other information
  
Cash paid for amounts included in the measurement of lease liabilities
  $1,270 
Weighted-average remaining lease term (in years)
   4.4 years 
Weighted-average discount rate
   10.22% 
The following table contains a summary of the lease costs recognized under ASC 842 and other information pertaining to the Corporation’s operating leases for the years ended December 31, 2020 and 2019:
 
Year ended December 31, 2020
 
   (in thousands) 
Operating lease cost
  $4,533 
Variable lease cost
   632 
Short-term lease cost
   20 
Sublease income
   (3,098) 
  
 
 
 
Total lease cost
  $2,087 
  
 
 
 
Other information
  
Cash paid for amounts included in the measurement of lease liabilities
  $4,979 
Weighted-average remaining lease term (in years)
   4.4 
Weighted-average discount rate
   10.17% 

 
Year ended December 31, 2019
     
   (in thousands) 
Operating lease cost
  $4,552 
Variable lease cost
   654 
Short-term lease cost
   58 
Sublease income
   (989) 
  
 
 
 
Total lease cost
  $4,275 
  
 
 
 
Other information
  
Cash paid for amounts included in the measurement of lease liabilities
  $4,804 
Weighted-average remaining lease term (in years)
   4.8 
Weighted-average discount rate
   10.05% 
Summary of Maturities of Operating Lease Liabilities
Pursuant to the terms of the Corporation’s
non-cancelable
lease agreements in effect at December 31, 2020, the following table summarizes the Corporation’s maturities of lease liabilities as of March 31, 2021:
 
Three Months Ended March 31, 2021
    
   
(in thousands)
 
2021
  $3,795 
2022
   2,768 
2023
   1,429 
2024
   1,110 
2025
   1,125 
Thereafter
   2,641 
  
 
 
 
Total lease payments
   12,868 
Less: imputed interest
   (2,636) 
  
 
 
 
Total
  $10,232 
  
 
 
 
Pursuant to the terms of the Corporation’s
non-cancelable
lease agreements in effect at December 31, 2020, the following table summarizes the Corporation’s maturities of lease liabilities as of December 31, 2020:
 
Year ended December 31, 2020
     
   (in thousands) 
2021
  $5,017 
2022
   2,747 
2023
   1,408 
2024
   1,089 
2025
   1,121 
Thereafter
   2,649 
Total lease payments
  $14,031 
  
 
 
 
Less: imputed interest
   (2,887) 
  
 
 
 
Total
  $11,144