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Leases (Tables)
 6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Lease, Cost Components of operating lease expense were as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
2021202020212020
(Dollars in thousands)
Operating lease cost 1
$1,995 $2,120 $3,972 $4,166 
Less: Sublease income (Note 19)(39)(38)(78)(76)
Net lease cost$1,956 $2,082 $3,894 $4,090 
1Includes variable lease costs, which are immaterial.
Schedule of Lease Cash Flow Information
Supplemental cash flow information related to leases was as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
2021202020212020
(Dollars in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,887 $1,741 $3,745 $3,647 
Leased assets obtained in exchange for new operating lease liabilities$— $1,405 $830 $4,050 
Schedule of Lease Terms and Discount Rates
Weighted-average remaining lease term and discount rate for operating leases were as follows:
June 30, 2021
Weighted-average remaining lease term (in years)4.9
Weighted-average discount rate5.5 %
Lessee, Operating Lease, Liability, Maturity
Maturities of operating lease liabilities were as follows:
Year Ended December 31,
(Dollars in thousands)
2021 (excluding the six months ended June 30, 2021)$3,165 
20227,387 
20236,416 
20245,717 
20255,493 
Thereafter4,869 
Total operating lease payments$33,047 
Less: Interest4,150 
Present value of operating lease liabilities 1
$28,897 
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1Homebuilding and financial services operating lease liabilities of $28.5 million and $0.4 million, respectively, are included as a component of accrued and other liabilities and accounts payable and accrued liabilities, respectively, in the homebuilding and financial services section of our consolidated balance sheet at June 30, 2021.