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Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Lease, Cost
The components of lease expense for the three and six months ended June 30, 2020 and 2019 were as follows:
Three Months Ended June 30,Six Months Ended June 30,
($ in thousands)2020201920202019
Finance lease cost:
Amortization of right-of-use assets$2,139  $2,611  $4,793  $4,977  
Interest on lease liabilities462  699  1,058  1,350  
Operating lease cost6,199  5,053  11,670  10,264  
Variable lease cost776  603  1,571  1,607  
Sublease (income)(16) —  (16) —  
Total lease cost, net$9,560  $8,966  $19,076  $18,198  
Lessee, Supplemental Cash Flow Information
Supplemental cash flow and other information related to leases for the three and six months ended June 30, 2020 and 2019 were as follows:
Three Months Ended June 30,Six Months Ended June 30,
($ in thousands)2020201920202019
Cash paid for amounts included in measurement of liabilities:
Operating leases$5,052  $2,752  $10,484  $10,550  
Finance leases2,957  3,512  6,023  6,794  
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases14,428  625  19,654  70,055  
Finance leases—  6,718  —  64,139  
Lease Term And Discount Rate, Lessee
Lease terms and discount rates as of June 30, 2020 and December 31, 2019 were as follows:
June 30, 2020December 31, 2019
Weighted-average remaining lease term:
Operating leases5.8 years6.4 years
Finance leases1.1 years1.3 years
Weighted-average discount rate:
Operating leases5.1 %5.4 %
Finance leases5.2 %5.2 %
Lessee, Operating Lease, Liability, Maturity
Future minimum lease commitments as of June 30, 2020 are as follows:
($ in thousands)FinanceOperatingSublease Income
Remainder of 2020$8,266  $11,751  $(103) 
202117,454  23,970  (171) 
20224,135  15,445  —  
2023—  7,572  —  
2024—  5,193  —  
Thereafter—  19,878  —  
Total lease payments29,855  83,809  (274) 
Less imputed interest(1,324) (11,930) —  
Total$28,531  $71,879  $(274) 
Finance Lease, Liability, Maturity
Future minimum lease commitments as of June 30, 2020 are as follows:
($ in thousands)FinanceOperatingSublease Income
Remainder of 2020$8,266  $11,751  $(103) 
202117,454  23,970  (171) 
20224,135  15,445  —  
2023—  7,572  —  
2024—  5,193  —  
Thereafter—  19,878  —  
Total lease payments29,855  83,809  (274) 
Less imputed interest(1,324) (11,930) —  
Total$28,531  $71,879  $(274) 
Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity
Future minimum lease commitments as of June 30, 2020 are as follows:
($ in thousands)FinanceOperatingSublease Income
Remainder of 2020$8,266  $11,751  $(103) 
202117,454  23,970  (171) 
20224,135  15,445  —  
2023—  7,572  —  
2024—  5,193  —  
Thereafter—  19,878  —  
Total lease payments29,855  83,809  (274) 
Less imputed interest(1,324) (11,930) —  
Total$28,531  $71,879  $(274)