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LEASES (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Schedule of components of lease expense and other lease information

 

 

For the Three-Month Period

(in thousands)

 

Ended March 31, 2019

Operating Lease Cost

 

$

1,481

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

Operating cash flows from operating leases

 

$

1,395

 

 

 

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

$

719

 

 

 

 

 

 

(in thousands)

 

March 31, 2019

Operating lease right-of-use assets

 

$

26,784

 

 

 

 

 

 

Operating lease liabilities

 

$

29,070

 

 

 

 

 

 

Weighted-average remaining lease term - operating leases

 

 

5.42

years

 

 

 

 

 

Weighted-average discount rate - operating leases

 

 

2.26

%

 

Schedule of future minimum lease payments under non-cancellable leases

 

 

 

 

 

 

 

(in thousands)

 

March 31, 2019

 

December 31, 2018

2019

 

$

4,487

 

$

5,911

2020

 

 

6,064

 

 

6,019

2021

 

 

5,965

 

 

5,924

2022

 

 

5,902

 

 

5,884

2023

 

 

4,453

 

 

4,459

Thereafter

 

 

4,127

 

 

3,968

Total future minimum lease payments

 

$

30,998

 

$

32,165

 

 

 

 

 

 

 

Less imputed interest

 

 

(1,928)

 

 

N/A

Total operating lease liability

 

$

29,070

 

 

N/A