Borrowings (Tables)

3 Months Ended

Mar. 31, 2019

Debt Disclosure [Abstract]

Information Related to Credit Agreements

The following table presents information related to our credit agreements (dollars in thousands):

	Three Months Ended March 31,
	2019			2018
Average daily utilization	$	96,000		$	121,389
Interest expense (1)	$	962		$	1,001
Weighted average interest rate (1)		4.1	%		3.4	%

(1) Excludes the amortization of deferred loan fees and includes the commitment fee.