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LEASES
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
LEASES LEASES
Operating lease cost was $11.6 million, $12.3 million and $16.1 million for the years ended December 31, 2022, 2021 and 2020, respectively. For the years ended December 31, 2022, 2021 and 2020, sublease income offsetting operating lease cost was not material. Variable rent expense and short-term lease expense were not material for the years ended December 31, 2022 and 2021.

The following table presents the impact of leases on the Company's consolidated balance sheets at December 31, 2022 and 2021:
December 31,
(dollars in thousands)Location20222021
Operating lease right-of-use assetsOther assets$56,333 $56,070 
Operating lease liabilitiesOther liabilities65,088 64,823 
Future maturities of the Company's operating lease liabilities are summarized as follows:
(dollars in thousands)
Year Ended December 31,Lease Liability
2023$11,327 
20249,674 
20257,992 
20267,500 
20276,297 
Thereafter25,734 
Total lease payments$68,524 
Less: Interest(3,436)
Present value of lease liabilities$65,088 
(dollars in thousands)December 31,
Supplemental lease information
202220212020
Weighted-average remaining lease term (years)8.18.39.2
Weighted-average discount rate1.46 %1.36 %1.85 %
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases (cash payments)$12,013 $12,334 $15,976 
Operating cash flows from operating leases (lease liability reduction)$12,064 $12,563 $14,056 
Operating lease right-of-use assets obtained in exchange for leases entered into during the year, net of business combinations$7,226 $10,426 $54,107