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Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Supplemental Information Relating to Operating Leases

 

Three Months Ended

 

Six Months Ended

 

June 30,

 

June 30,

(Dollars in thousands)

 

2020

 

 

2019

 

 

2020

 

 

2019

Lease expense incurred:

 

 

 

 

 

 

 

 

 

 

 

Operating lease cost

$

8,258

 

$

6,031

 

$

16,148

 

$

11,218

 

 

 

 

 

 

 

 

 

 

 

 

 

At June 30,

 

At December 31,

(Dollars in thousands)

2020

 

2019

Operating lease right of use assets

$

151,653

 

$

161,435

Operating lease liabilities

 

163,690

 

 

169,909

 

Three Months Ended

 

Six Months Ended

 

June 30,

 

June 30,

(Dollars in thousands)

2020

 

2019

 

2020

 

2019

Operating cash flows from operating leases

$

(4,917)

 

$

(4,495)

 

$

(9,836)

 

$

(8,926)

 

At June 30,

 

At December 31,

 

2020

 

2019

Weighted average remaining operating lease term

12.3 years

 

 

12.6 years

 

Weighted average discount rate on operating leases

4.10

%

 

3.91

%

Maturities of Lease Liabilities

(Dollars in thousands)

 

 

Remainder of 2020

$

10,269

2021

 

18,433

2022

 

20,883

2023

 

20,110

2024

 

19,859

2025

 

16,868

Thereafter

 

119,204

Undiscounted lease payments

 

225,626

Less: present value adjustment

 

61,936

Total operating lease liability

$

163,690