Lease Obligations (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Future Minimum Lease Liability

The following summary reflects the future minimum payments by year required under operating leases that have initial or remaining non-cancelable lease terms in excess of one year and a reconciliation of those payments to the Company's lease liability as of December 31, 2019.

Lease Liability

(Dollar amounts in thousands)

	Total
Year Ending December 31,
2020	$	17,855
2021	17,873
2022	18,007
2023	18,175
2024	18,090
2025 and thereafter	103,967
Total minimum lease payments	193,967
Discount(1)	(32,403)
Lease liability(2)	$	161,564

⁽¹⁾Represents the net present value adjustment related to minimum lease payments.

⁽²⁾Included in accrued interest payable and other liabilities in the Consolidated Statements of Financial Condition.

Schedule of Net Operating Lease Expense

The following table presents net operating lease expense for the years ended December 31, 2019, 2018, and 2017.

Net Operating Lease Expense

(Dollar amounts in thousands)

	Years Ended December 31,
	2019		2018		2017
Lease expense charged to operations	$	17,681	$	24,880	$	18,666
Accretion of operating lease intangible(1)	(162)		(972)		(1,180)
Accretion of deferred gain on sale-leaseback transaction(1)	—		(9,126)		(5,872)
Rental income from premises leased to others(1)	(720)		(510)		(682)
Net operating lease expense	$	16,799	$	14,272	$	10,932

⁽¹⁾Included as reductions to net occupancy and equipment expense in the Condensed Consolidated Statements of Income.