Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Lease, Cost

Supplemental lease information at or for the six months ended June 30, 2020, and June 30, 2019 is as follows (dollars in thousands):

	Three Months Ended June 30,				Six Months Ended
	2020		2019		2020			2019
Operating lease cost	$	1,423	$	1,551	$	2,862		$	3,017
Variable lease cost	956		711		1,500			1,489
Net lease cost	$	2,379	$	2,262	$	4,362		$	4,506
Cash paid for amounts included in measurement of operating lease liabilities	$	—	$	1,513	$	3,069		$	2,840
Right-of-use assets obtained in exchange for new operating lease liabilities	$	—	$	—	$	3,028		$	1,013
Weighted average remaining lease term					12.63 years			12.95 years
Weighted average discount rate					3.59		%	3.61		%

Lessee, Operating Lease, Liability, Maturity

The following table summarizes lease payment obligations for each of the next five years and thereafter in addition to a reconcilement to the Company's current lease liability (in thousands):

Year	Amount
2020	$	3,157
2021	5,919
2022	5,311
2023	5,272
2024	4,935
Thereafter	33,230
Total lease payments	57,824
Less: imputed interest	13,043
Present value of lease liabilities	$	44,781