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Leases (Tables)
 9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Schedule of Lease, Cost Components of operating lease expense were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
(Dollars in thousands)
Operating lease cost 1
$2,011 $2,180 $6,387 $6,418 
Less: Sublease income(148)(141)(440)(366)
Net lease cost$1,863 $2,039 $5,947 $6,052 
1Includes variable lease costs, which are immaterial.
Schedule of Lease Cash Flow Information
Supplemental cash flow information related to leases was as follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2023202220232022
(Dollars in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,955 $2,038 $6,251 $6,059 
Leased assets obtained in exchange for new operating lease liabilities$1,344 $1,689 $3,238 $5,984 
Schedule of Lease Terms and Discount Rates
Weighted-average remaining lease term and discount rate for operating leases were as follows:
September 30, 2023September 30, 2022
Weighted-average remaining lease term (in years)3.54.3
Weighted-average discount rate5.5 %5.5 %
Schedule of Lessee, Operating Lease, Liability, Maturity
Maturities of operating lease liabilities were as follows:
Year Ended December 31,
(Dollars in thousands)
2023 (excluding the nine months ended September 30, 2023)$1,358 
20248,240 
20258,168 
20266,923 
20271,722 
Thereafter938 
Total operating lease payments $27,349 
Less: Effects of discounting2,514 
Present value of operating lease liabilities 1
$24,835 
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1Homebuilding and financial services operating lease liabilities of $24.6 million and $0.2 million, respectively, are included as a component of accrued and other liabilities and accounts payable and accrued liabilities, respectively, in the homebuilding and financial services sections of our consolidated balance sheet at September 30, 2023.