Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Components of Net Lease Cost

The table below details the components of net lease cost for the periods presented ($ in thousands):

	Three Months Ended September 30, 2019			Nine Months Ended September 30, 2019
Finance leases
Amortization of right-of-use assets	$	520		$	1,665
Interest on lease liabilities		75			236
Operating lease cost		1,303			3,892
Short-term lease cost		85			288
Variable lease cost		349			1,039
Sublease income		(81	)		(250	)
Net lease cost	$	2,251		$	6,870

Cash Payments Included in Measurement of Lease Liabilities

The table below details the cash payments included in the measurement of lease liabilities during the period presented ($ in thousands):

	Nine Months Ended September 30, 2019
Finance leases
Operating cash flows included in other activities, net	$	779
Financing cash flows included in payments under finance lease obligations		1,509
Operating leases
Operating cash flows (fixed payments) included in other activities, net		3,759
Operating cash flows (liability reduction) included in other activities, net		2,850

Balance Sheet Information and Weighted-Average Lease Terms and Discount Rates Related to Leases

The table below details balance sheet information, as well as weighted-average lease terms and discount rates, related to leases at September 30, 2019 ($ in thousands):

	September 30, 2019
Finance lease right-of-use assets, net of accumulated depreciation	$	9,823
Finance lease liabilities		9,975
Operating lease right-of-use assets		33,180
Operating lease liabilities		34,319
Weighted-average lease term
Finance leases	8.66 years
Operating leases	9.32 years
Weighted-average discount rate
Finance leases		2.99	%
Operating leases		3.57	%

Future Minimum Rental Commitments Under Finance and Operating Leases

At September 30, 2019, future minimum rental commitments under finance and operating leases were as follows ($ in thousands):

	Finance Leases			Operating Leases
2019 (excluding the nine months ended September 30, 2019)	$	525		$	1,255
2020		1,970			5,019
2021		1,615			4,680
2022		1,556			4,215
2023		871			4,178
Thereafter		5,024			21,262
Total minimum lease payments		11,561			40,609
Less imputed interest		(1,586	)		(6,290	)
Lease liabilities	$	9,975		$	34,319

Future Minimum Rental Commitments Under Non-Cancellable Operating Leases

.  At December 31, 2018, future minimum rental commitments under non-cancellable operating leases were as follows ($ in thousands):

2019	$	8,680
2020		8,063
2021		7,274
2022		6,680
2023		5,788
Thereafter		29,673
Total	$	66,158