Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of balance sheet information related to leases

Operating lease assets and lease liabilities as reported on the consolidated balance sheets are as follows (dollars in thousands):

		December 31,
	Balance Sheet Classification	2023		2022
Assets
Operating lease assets	Other assets	$	28,994	$	28,904
Total lease assets		28,994		28,904
Liabilities
Accounts payable and accrued liabilities
Operating lease liabilities, current portion	Accounts payable and accrued liabilities	8,331		6,791
Lease liabilities, long-term
Operating lease liabilities, long-term	Operating lease liabilities, long-term	33,196		35,998
Total lease liabilities		$	41,527	$	42,789

Schedule of lease costs and supplemental cash flow information

The components of operating lease costs are as follows (dollars in thousands):

	December 31,
	2023		2022
Operating lease cost:
Fixed lease cost	$	8,258	$	8,239
Variable lease cost	5,998		4,608
Total	$	14,256	$	12,847

Supplemental cash flow information related to leases is as follows (dollars in thousands):

	December 31,
	2023		2022		2021
Cash paid for operating leases	$	17,112	$	12,883	$	11,908
Lease assets and tenant receivable obtained for new operating leases	7,170		1,867		10,868

Weighted average lease term, and weighted average discount rate for operating leases as of December 31, 2023, are as follows:

Operating leases
Weighted-average remaining lease term (years)	7.3
Weighted-average discount rate	4.5	%

Schedule of maturities of operating lease liabilities

Future minimum lease payments under noncancellable operating leases as of December 31, 2023, are as follows (dollars in thousands):

	Operating Leases
Year ending December 31:
2024	$	9,854
2025	8,579
2026	5,493
2027	4,633
2028	3,004
Thereafter	17,067
Total future minimum lease payments	48,630
Less: Imputed interest (1)	(7,103)
Present value of lease liabilities	$	41,527

(1) Calculated using the interest rate for each lease.