Debt (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Summary of indebtedness outstanding

Indebtedness and scheduled maturities consisted of the following:

($ in thousands)	Effective Interest Rates	Final Maturity	December 31,
			2019		2018
Short-term debt
Bank Credit Facility	Variable	2024	$	135,000	$	—
Long-term debt (1)
4.50% Senior Notes, Aggregate principal amount of $250,000 less unaccrued discount of $426 and $488 and unamortized debt issuance costs of $1,549 and $1,772	4.50%	2025	248,025		247,740
Federal Home Loan Bank borrowing	1.99%	2022	50,000		50,000
Total			$	433,025	$	297,740

⁽¹⁾  The Company designates debt obligations as "long-term" based on maturity date at issuance.