Operating Leases (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2019		Six Months Ended June 30, 2019
Cash paid for amounts included in the measurement of lease liabilities for operating leases	$	3,870	$	7,880
Right of use assets obtained in exchange for lease liabilities	$	1,105	$	117,723
				June 30, 2019
Weighted average remaining lease term (in years)				12.93
Weighted average discount rate				3.55	%

The following table sets forth the components of the Company’s lease expense for the three and six months ended June 30, 2019.

(in thousands)	Three Months Ended June 30, 2019			Six Months Ended June 30, 2019
Operating lease expense	$	4,244		$	8,497
Short-term lease expense		20			39
Variable lease expense		12			24
Sublease income		(60	)		(176	)
Total	$	4,216		$	8,384

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 June 30, 2019.

(dollars in thousands)
2019	$	8,393
2020		15,779
2021		15,085
2022		14,889
2023		13,525
Thereafter		96,994
Total		164,665
Present value discount		(35,947	)
Lease liability	$	128,718