Leases (Tables)

12 Months Ended

Dec. 31, 2020

The components of lease expense were as follows for the year ended December 31 (dollars in thousands):

	2020		2019
Operating lease cost:
Fixed lease cost (Other operating expenses)	$	4,746	$	4,425
Variable lease cost (Other operating expenses)		1,099		988
Total operating lease cost	$	5,845	$	5,413

Finance lease cost:
Amortization of ROU asset (Depreciation and amortization)	$	3,641	$	3,641
Interest on lease liabilities (Interest expense)		2,662		2,795
Total finance lease cost	$	6,303	$	6,436

Supplemental cash flow information related to leases was as follows for the year ended December 31 (dollars in thousands):

	2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows:
Operating lease payments	$	4,612	$	4,375
Interest on finance lease		2,662		2,795
Total operating cash outflows	$	7,274	$	7,170

Finance cash outflows:
Principal payments on finance lease	$	2,800	$	2,660

Supplemental balance sheet information related to leases was as follows for December 31 (dollars in thousands):

	December 31,			December 31,
	2020			2019
Operating Leases
Operating lease ROU assets (Other property and investments-net and other non-current assets)	$	71,891		$	69,746

Other current liabilities	$	4,249		$	4,128
Other non-current liabilities and deferred credits		67,716			65,565
Total operating lease liabilities	$	71,965		$	69,693

Finance Leases
Finance lease ROU assets (Other property and investments-net and other non-current assets)	$	47,338		$	50,980

Other current liabilities	$	2,935		$	2,800
Other non-current liabilities and deferred credits		48,815			51,750
Total finance lease liabilities	$	51,750		$	54,550

Weighted Average Remaining Lease Term
Operating leases	25.20 years			26.60 years
Finance leases	7.22 years			8.27 years

Weighted Average Discount Rate
Operating leases		4.28	%		3.82	%
Finance leases		4.62	%		4.88	%

Maturities of lease liabilities (including principal and interest) were as follows as of December 31, 2020 (dollars in thousands):

Maturities of lease liabilities (including principal and interest) were as follows as of December 31, 2019 (dollars in thousands):

Maturities of lease liabilities (including principal and interest) were as follows as of December 31, 2020 (dollars in thousands):

Maturities of lease liabilities (including principal and interest) were as follows as of December 31, 2019 (dollars in thousands):