Leases (Tables)

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Summary of Supplemental Balance Sheet Information

The following table contains supplemental balance sheet information related to leases (dollars in thousands):

	September 30, 2020			September 30, 2019			December 31, 2019
Operating lease right-of-use assets	$	16,703		$	12,544		$	17,006
Operating lease liabilities		16,817			12,557			17,007
Weighted-average remaining lease term (in years)		6.5			5.3		7.3
Weighted-average discount rate		2.81	%		3.21	%		3.07	%

Summary of Maturities of Lease Liabilities

Maturities of lease liabilities were as follows (in thousands):

Year ending December 31,
2020	$	734
2021		2,575
2022		2,357
2023		2,086
2024		1,711
Thereafter		9,914
Total lease payments		19,377
Less imputed interest		(2,560	)
Total lease liability	$	16,817

Summary of Components of Lease Expense

The components of lease expense for the nine months ended September 30, 2020 and 2019 were as follows (in thousands):

	Three months ended September 30,						Nine months ended September 30,
	2020			2019			2020			2019
Operating lease cost	$	762		$	466		$	2,207		$	1,802
Short-term lease cost		14			221			42			266
Variable lease cost		180			103			376			741
Total lease cost		956			790			2,625			2,809
Income from subleases		(185	)		(189	)		(577	)		(650	)
Net lease cost	$	771		$	601		$	2,048		$	2,159

Summary of Operating Lease Cash Flows

Cash paid for amounts included in the measurement of lease liabilities was (in thousands):

	September 30, 2020		September 30, 2019
Operating cash flows from operating leases	$	2,092	$	2,019