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Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Summary of Information Related to Leases

The following table sets forth information related to our leases as of the periods indicated.

 

 

 

March 31

 

 

December 31

 

 

in thousands

 

2020

 

 

2019

 

 

Right of use asset

 

$

15,240

 

 

$

11,701

 

 

Weighted average discount rate

 

 

3.31

%

 

 

2.92

%

 

Weighted average remaining maturity (months)

 

 

66

 

 

 

34

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

March 31

 

 

 

 

2020

 

 

2019

 

 

Operating lease expense

 

$

1,442

 

 

$

1,606

 

 

Summary of Future Minimum Lease Payments

The following table sets forth required future minimum lease payments for the years indicated:

 

 

In thousands

 

 

 

 

 

 

 

2020

 

 

 

$

3,553

 

 

2021

 

 

 

 

4,076

 

 

2022

 

 

 

 

2,641

 

 

2023

 

 

 

 

1,343

 

 

2024

 

 

 

 

939

 

 

Thereafter

 

 

 

 

4,218