Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Lease, Cost

Supplemental lease information at or for the three months ended March 31, 2020, and March 31, 2019 is as follows (in thousands):

	Three Months Ended March 31,
	2020			2019
Operating lease cost	$	1,439		$	1,466
Variable lease cost	544			778
Net lease cost	$	1,983		$	2,244
Cash paid for amounts included in measurement of operating lease liabilities	$	1,545		$	1,327
Right-of-use assets obtained in exchange for new operating lease liabilities	$	3,028		$	1,013
Weighted average remaining lease term	12.71 years			13.05 years
Weighted average discount rate	3.59		%	3.60		%

Lessee, Operating Lease, Liability, Maturity

The following table summarizes lease payment obligations for each of the next five years and thereafter in addition to a reconcilement to the Company's current lease liability (dollars in thousands):

Year	Amount
2020	$	4,719
2021	5,919
2022	5,311
2023	5,272
2024	4,935
Thereafter	33,230
Total lease payments	59,386
Less: imputed interest	13,454
Present value of lease liabilities	$	45,932