XML 87 R29.htm IDEA: XBRL DOCUMENT v3.19.3
OPERATING LEASES (Tables)
9 Months Ended
Sep. 30, 2019
OPERATING LEASES  
Schedule of components of lease cost

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

(Dollars in thousands)

    

September 30, 2019

    

September 30, 2019

Operating lease cost

 

$

528

 

$

1,564

Variable lease cost

 

 

44

 

 

132

Short-term lease cost

 

 

 —

 

 

 —

Sublease income

 

 

 —

 

 

 —

Total net lease cost

 

$

572

 

$

1,696

 

Schedule of Future maturities of the Company’s operating lease liabilities

 

 

 

 

(Dollars in thousands)

 

    

 

Twelve Months Ended:

    

Lease Liability

September 30, 2020

 

$

2,027

September 30, 2021

 

 

1,931

September 30, 2022

 

 

1,896

September 30, 2023

 

 

1,931

September 30, 2024

 

 

1,810

After September 30, 2024

 

 

4,965

Total lease payments

 

 

14,560

Less: interest discount

 

 

(1,638)

Present value of lease liabilities

 

$

12,922

 

Schedule Of Supplemental Lease Information

 

 

 

 

(Dollars in thousands)

 

 

 

Supplemental Lease Information

    

September 30, 2019

 

Weighted-average remaining lease term (years)

 

7.5

 

Weighted-average discount rate

 

3.14

%

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

    

September 30, 2019

    

September 30, 2019

Cash paid for amounts included in the measurement of lease liabilities:

 

 

  

 

 

  

Operating cash flows from operating leases (cash payments)

 

$

507

 

$

1,474

Operating cash flows from operating leases (lease liability reduction)

 

$

404

 

$

1,165

Operating lease right-of-use assets obtained in exchange for leases entered into during the period

 

$

 —

 

$

13,610