Operating Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Summary of Supplemental Information Pertaining To Operating Leases and Lease Expense

The following tables present supplemental information pertaining to operating leases at and for the years ended December 31, 2023 and 2022.

	Years ended December 31,
($ in thousands)	2023			2022
Cash paid for amounts included in the measurement of lease liabilities for operating leases	$	16,903		$	16,564
Right of use assets obtained in exchange for lease liabilities		9,606			6,800
	December 31,
	2023			2022
Weighted average remaining lease term (in years)		10.82			12.03
Weighted average discount rate		3.66	%		3.41	%

The following table sets forth the components of the Company’s lease expense for the years ended December 31, 2023, 2022 and 2021.

	Years ended December 31,
($ in thousands)	2023			2022			2021
Operating lease expense	$	16,545		$	16,881		$	17,757
Short-term lease expense		144			209			135
Variable lease expense		243			63			105
Sublease income		(403	)		(508	)		(320	)
Total	$	16,529		$	16,645		$	17,677

At December 31, 2023, the Company had not entered into any material leases that had not yet commenced.

Summary Maturities of Lease Liabilities and Present Value Discount

The following table sets forth the maturities of the Company’s lease liabilities and the present value discount at December 31, 2023.

($ in thousands)
2024	$	18,240
2025		17,992
2026		16,653
2027		15,602
2028		13,807
Thereafter		72,568
Total	$	154,862
Present value discount		(29,244	)
Lease liability	$	125,618