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Leases (Tables)
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Lease, Cost
The components of the Company's ongoing operating lease cost were as follows:
Twelve months ended
(Dollars in thousands)December 31, 2021December 31, 2020December 31, 2019
Operating lease cost (1)
$18,564 $18,690 $19,574 
Sublease income(365)(372)(486)
Net lease cost$18,199 $18,318 $19,088 
(1)Includes variable lease cost and short-term lease cost.
Balance Sheet Information
Supplemental balance sheet information related to operating leases was as follows:
(Dollars in thousands)December 31, 2021December 31, 2020
Assets
Right-of-use assets$144,134 $150,985 
Total$144,134 $150,985 
Liabilities
Lease liabilities$159,526 $166,451 
Total$159,526 $166,451 
Lease term and discount rate of operating leases
Weighted average remaining lease term (in years)19.1719.36
Weighted average discount rate4.27 %4.26 %
Lease Maturity Maturities of operating lease liabilities were as follows:
(Dollars in thousands)December 31, 2021
2022$17,204 
202317,440 
202416,227 
202516,240 
202612,703 
After 2026170,643 
Total lease payments250,457 
Less: Interest(90,931)
Present value of lease liabilities$159,526 
Supplemental Cash Flow information Supplemental cash flow information related to leases was as follows:
Twelve months ended
(Dollars in thousands)December 31, 2021December 31, 2020December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$17,834 $18,452 $17,606 
Right of use assets obtained in exchange for new operating lease liabilities (non-cash)— — 61,693 
Direct Financing Lease
The components of direct finance lease income are summarized in the table below:
Twelve months ended
(Dollars in thousands)December 31, 2021December 31, 2020December 31, 2019
Direct financing leases:
Interest income on lease receivable$21,947 $15,805 $9,032 
(Amortization)/accretion of deferred fees and costs(1,963)433 427 
Total direct financing lease income$19,984 $16,238 $9,459 

Equipment leasing receivables relate to direct financing leases. The composition of the net investment in direct financing leases was as follows:
(Dollars in thousands)December 31, 2021December 31, 2020
Lease receivables$399,688 $281,601 
Unearned income(55,066)(36,669)
Deferred fees and costs7,654 3,953 
Net investment in direct financing leases$352,276 $248,885 
Lessor, Operating Lease, Payments to be Received, Maturity Future minimum lease payments to be received for direct financing leases were as follows:
(Dollars in thousands)December 31, 2021
2022$123,755 
2023107,054 
202483,605 
202557,314 
202622,143 
After 20265,817 
Total lease payments$399,688