Operating Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Summary of Supplemental Balance Sheet Information Pertaining To Operating Leases and Lease Expense

Supplemental balance sheet information pertaining to operating leases:

(dollars in thousands)	Three months ended March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities for operating leases	$	4,007
Right of use assets obtained in exchange for lease liabilities	$	116,618
	March 31, 2019
Weighted average remaining lease term (in years)		13.12
Weighted average discount rate		3.56	%

The following table sets forth the components of the Company’s lease expense for the three months ended March 31, 2019.

(in thousands)
Operating lease expense	$	4,253
Short-term lease expense		19
Variable lease expense		12
Sublease income		(116	)
Total	$	4,168

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 March 31, 2019.

(in thousands)
2019	$	12,198
2020		15,421
2021		14,587
2022		14,391
2023		13,109
Thereafter		95,414
Total	$	165,120
Present value discount		(36,626	)
Lease liability	$	128,494