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Leases (Tables)
 12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of supplemental information
The following table presents supplemental information related to operating leases as of the period indicated:
 
 
December 31, 2019
 
 
(dollars in thousands)
Balance Sheet:
 
 
Operating lease right of use assets
 
$
43,177

Operating lease liabilities
 
46,498

Cash Flows:
 
 
Operating cash flows from operating leases
 
11,747
Schedule of minimum contractual lease payments and other information
The following table provides information related to minimum contractual lease payments and other information associated with the Company’s leases as of December 31, 2019:
 
2020
 
2021
 
2022
 
2023
 
2024
 
Thereafter
 
Total
 
(dollars in thousands)
Contractual base rents (1):
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating leases
$
10,138

 
$
10,602

 
$
10,137

 
$
9,055

 
$
7,318

 
$
7,265

 
$
54,515

Short-term leases
143

 
7

 
—

 
—

 
—

 
—

 
150

Total contractual base rents
$
10,281

 
$
10,609

 
$
10,137

 
$
9,055

 
$
7,318

 
$
7,265

 
$
54,665

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total liability to make lease payments
 
$
46,498

Difference in undiscounted and discounted future lease payments
 
8,167

Weighted average discount rate
 
6.13
%
Weighted average remaining lease term (years)
 
5.4
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1) Contractual base rents reflect options to extend and renewals, and do not include property taxes and other operating expenses due under respective lease agreements.
Schedule of information related to minimum contractual lease payments
The following table provides information related to minimum contractual lease payments for the periods indicated below as of December 31, 2018 (1):
 
2019
 
2020
 
2021
 
2022
 
2023
 
Thereafter
 
Total
 
(dollars in thousands)
Minimum contractual lease payments
$
11,468

 
$
10,869

 
$
10,133

 
$
9,296

 
$
8,124

 
$
10,518

 
$
60,408

(1) Contractual base rents in the table above are reflective of future lease obligations under ASC 840, prior to the implementation of ASC 842. The amounts in the table above do not reflect extensions or renewals and do not include property taxes and other operating expenses due under respective lease agreements. The amounts in the table above also reflect future lease obligations for certain leases that had not yet commenced as of December 31, 2018.