Lease Commitments (Tables)

12 Months Ended

Dec. 31, 2019

The following tables provide a summary of lease costs and future required fixed payments related to the Company's leasing arrangements in which it is the lessee:



	Year Ended
(Dollars in thousands)	December 31, 2019
Operating lease cost	$	22,750
Finance lease cost:
Amortization of right-of-use asset	36
Interest on lease liability	64
Short-term lease cost	561
Variable lease cost	3,202
Sublease income	(598		)
Total lease cost	$	26,015

Cash paid for amounts included in the measurement of operating lease liabilities	$	23,859
Cash paid for amounts included in the measurement of finance lease liabilities	60
Right-of-use asset obtained in exchange for new operating lease liabilities	9,396
Right-of-use asset obtained in exchange for new finance lease liabilities	3,498
Weighted average remaining lease term - operating leases	13.2 years
Weighted average remaining lease term - finance leases	39.6 years
Weighted average discount rate - operating leases	4.09		%
Weighted average discount rate - finance leases	4.43		%

Summary of Future Required Fixed Payments Related to Leasing Arrangements



(In thousands)	Payments
2020	$	26,837
2021	22,403
2022	21,444
2023	19,315
2024	18,409
2025 and thereafter	152,231
Total minimum future amounts	$	260,639
Impact of measuring the lease liability on a discounted basis	(63,000		)
Total lease liability	$	197,639

Summary of Future Required Fixed Payments Related to Leasing Arrangements



(In thousands)	Payments
2020	$	26,837
2021	22,403
2022	21,444
2023	19,315
2024	18,409
2025 and thereafter	152,231
Total minimum future amounts	$	260,639
Impact of measuring the lease liability on a discounted basis	(63,000		)
Total lease liability	$	197,639

Schedule of Annual Gross Rental Receipts

The approximate annual gross rental receipts under noncancelable agreements for office space with remaining terms in excess of one year as of December 31, 2019, are as follows (in thousands):



	Receipts
2020	$	7,337
2021	6,370
2022	4,733
2023	3,057
2024	2,181
2025 and thereafter	4,821
Total minimum future amounts	$	28,499