LEASES (Tables)

12 Months Ended

Dec. 31, 2019

The Company elected to not include short-term leases with initial terms of twelve months or less, on the consolidated balance sheet (in thousands).


		December 31,
		2019
Lease Right-of-Use Assets	Classification
Operating lease right-of-use assets	Other assets	$	10,308

Lease Liabilities	Classification
Operating lease liabilities	Other liabilities	$	13,480

Schedule Of Weighted Average Lease Term And Discount Rate [Table Text Block]


	December 31,
	2019
Weighted-Average Remaining Lease Term
Operating leases	4.91	years

Weighted-Average Discount Rate
Operating leases	3.71	%

Lease Costs

Variable lease costs primarily represent common area maintenance and parking. The following table represents the Company’s net lease costs (in thousands).


	Year Ended
	December 31, 2019
Lease Costs
Operating lease cost	$	3,186
Variable lease cost		1,513
Sublease income		(397)
Lease costs, net	$	4,302

Schedule of Minimum Lease Payments Due

The following table presents a maturity analysis of the Company’s operating lease liabilities on an annual basis for each of the first five years and total amounts thereafter as of December 31, 2019 (in thousands).


Year	Operating Leases
2020	$	3,446
2021		2,839
2022		2,675
2023		2,358
2024		2,190
Thereafter		1,256
Total future minimum lease payments	$	14,764
Less: Imputed interest		(1,284)
Present value of net future minimum lease payments	$	13,480