Borrowings (Tables)

6 Months Ended

Jun. 30, 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 June 30,						Six Months Ended June 30,
	2019			2018			2019			2018
Average daily utilization	$	89,593		$	100,110		$	92,779		$	110,691
Interest expense (1)	$	922		$	915		$	1,884		$	1,916
Weighted average interest rate (1)		4.1	%		3.7	%		4.1	%		3.5	%

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