Operating Leases

6 Months Ended

Jun. 30, 2019

The Company has various operating lease agreements, primarily for real estate (claims and marketing offices in a few states) as well as for computer equipment and copier machines. Such leases have remaining lease terms of 1 years to 6 years, some of which may include options to extend the leases for up to 10 years.

The components of lease expense were as follows:



($ in thousands)	Three Months Ended June 30, 2019		Six Months Ended June 30, 2019
Operating lease cost	$	791	$	1,600
Short-term lease cost	27		51
Total lease cost	$	818	$	1,651

Supplemental cash flow information related to operating leases was as follows:



($ 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	$	575	$	1,341

Supplemental balance sheet information related to operating leases was as follows:



($ in thousands, except lease term and discount rate)	June 30, 2019
Assets
Right of use assets, included in Other assets	$	12,692

Liabilities
Operating lease liabilities, included in Other liabilities	$	13,429

Weighted Average Remaining Lease Term	5.00

Weighted Average Discount Rate	4.10		%

Future minimum lease payments under non-cancellable operating leases as of June 30, 2019 were as follows:



($ in thousands)
Year Ending December 31,
2019 (excluding the six months ended June 30, 2019)	$	1,448
2020	3,108
2021	3,028
2022	2,943
2023	2,246
Thereafter	2,111
Total future minimum lease payments	14,884
Less imputed interest	(1,455		)
Total	$	13,429

As of June 30, 2019, the Company has no additional operating leases that have not yet commenced.