Operating Leases (Tables)

6 Months Ended

Jun. 30, 2019

Operating Leases [Abstract]

Other Information Related to Leases

Other information related to leases was as follows:

(dollars in thousands)	Three months ended June 30,
	2019		2018
Operating lease cost	$	1,930	$	1,928
Variable lease cost		509		468
Total Lease costs	$	2,439	$	2,396

(dollars in thousands)	Six months ended June 30,
	2019		2018
Operating lease cost	$	3,821	$	3,840
Variable lease cost		975		1,054
Total Lease costs	$	4,796	$	4,894

Supplemental Cash Flows Information

(dollars in thousands)	Six months ended June 30,
	2019
Supplemental cash flows information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	3,906
Right-of-use assets obtained in exchange for lease obligations:		54,038
Weighted average remaining lease term	9.6 years
Weighted average discount rate		3.30	%

Future Minimum Lease Payments

Future minimum lease payments under non-cancellable leases as of June 30, 2019 were as follows:

(dollars in thousands)
Year ending December 31,
2019(a)	$	3,933
2020		7,820
2021		7,818
2022		7,300
2023		6,978
Thereafter		32,600
Total lease payments	$	66,449
Less: Interest		10,212
Present value of lease liabilities	$	56,237

^(a) Excluding the six months ended June 30, 2019.

Minimum Lease Payments

Future minimum lease payments under non-cancellable leases as of June 30, 2018 were as follows:

(dollars in thousands)
Year ending December 31,
2018(b)	$	3,881
2019		7,799
2020		7,622
2021		7,555
2022		7,048
Thereafter		39,395
Total lease payments	$	73,300

^(b) Excluding six months ended June 30, 2018.