LEASES (Tables)

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Schedule of Lease Expense, Remaining Lease Terms, Discount Rate and Other Information

Information regarding lease expense, remaining lease term, discount rate, and other select lease information is presented below as of September 30, 2020, and for the three and nine months ended September 30, 2020 (dollars in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
Lease Costs	2020		2019		2020		2019
Operating lease expense	$	22,373	$	16,905	$	63,855	$	50,684
Short-term lease expense	3,626		2,605		10,225		8,022
Total lease expense	$	25,999	$	19,510	$	74,080	$	58,706

	Nine Months Ended September 30,
Other Lease Information	2020		2019
Operating cash flows from operating leases	$	60,569	$	49,925
Right-of-use lease assets obtained in exchange for new lease liabilities	88,857		42,387

Lease Term and Discount Rate	As of September 30, 2020
Weighted average remaining lease term (in years)(1)	6.9
Weighted average discount rate	3.2	%

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(1) The weighted average remaining lease term is significantly impacted by a 15-year lease related to office space in Chicago, IL, that commenced in 2018. Excluding this lease, the weighted average remaining lease term of our agreements is 4.8 years.

Schedule of Maturity of Lease Liabilities

The maturities of lease liabilities as of September 30, 2020, were as follows (in thousands):

Maturity of Lease Liabilities	Operating Leases
Remaining 2020	$	14,997
2021	80,817
2022	68,698
2023	55,810
2024	38,087
Thereafter	132,101
Total lease payments	390,510
Less: Interest	(44,606)
Present value of lease liabilities	$	345,904