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Leases (Tables)
 9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of Lease, Cost Components of operating lease expense were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
(Dollars in thousands)
Operating lease cost 1
$2,130 $2,011 $6,418 $6,387 
Less: Sublease income(47)(148)(342)(440)
Net lease cost$2,083 $1,863 $6,076 $5,947 
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
September 30,		Nine Months Ended
September 30,
2024202320242023
(Dollars in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$2,334 $1,955 $6,620 $6,251 
Leased assets obtained in exchange for new operating lease liabilities$108 $1,344 $1,384 $3,238 
Schedule of Lease Terms and Discount Rates
Weighted-average remaining lease term and discount rate for operating leases were as follows:
September 30, 2024September 30, 2023
Weighted-average remaining lease term (in years)2.73.5
Weighted-average discount rate5.5 %5.5 %
Schedule of Lessee, Operating Lease, Liability, Maturity
Maturities of operating lease liabilities were as follows:
Year Ended December 31,
(Dollars in thousands)
2024 (excluding the nine months ended September 30, 2024)$1,448 
20258,408 
20267,118 
20272,120 
20281,178 
Thereafter81 
Total operating lease payments $20,353 
Less: Effects of discounting1,471 
Present value of operating lease liabilities 1
$18,882 
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1Homebuilding and financial services operating lease liabilities of $18.7 million and $0.1 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 sections of our consolidated balance sheet at September 30, 2024.