RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2019

RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES

Summary of operating lease expense

	Three Months Ended
	March 31,
(dollars in thousands)	2019
Operating lease expense:
Related Party:
Variable lease expense	$	1,158
Fixed lease expense		23
Third Party:
Variable lease expense		224
Fixed lease expense		361
Short-term lease expense		15
Total operating lease expense	$	1,781
Other information concerning operating leases:
Cash paid for amounts included in the measurement of operating lease liabilities	$	1,803

Schedule of weighted average remaining term and weighted average discount rate for operating leases

	March 31, 2019
Weighted average remaining term in years		8.48
Weighted average discount rate		3.48	%

Schedule of operating lease liabilities

Year (in thousands)	Related Party		Third Party		Total
Remainder of 2019	$	3,474		1,996		5,470
2020		4,590		2,575		7,165
2021		4,175		2,345		6,520
2022		3,312		1,916		5,228
2023		3,312		1,377		4,689
Thereafter		15,914		2,573		18,487
Total undiscounted cash flows	$	34,777	$	12,782	$	47,559
Discount applied to cash flows		(5,301)		(2,055)		(7,356)
Total discounted cash flows reported as operating lease liabilities	$	29,476	$	10,727	$	40,203