Leases Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Summary of Operating Leases

The following is a summary of our operating lease related information:

($ in millions)		As of
Balance sheet	Classification	September 30, 2019
Right-of-use assets, net	Other assets, net	$	11.1
Operating lease liabilities	Other liabilities	$	15.7

($ in millions)
Statement of income and comprehensive income	Classification	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
Rent expense related to operating lease liabilities	General and administrative expenses and property management expenses	$	0.7	$	2.2
Variable lease expense	General and administrative expenses and property management expenses	$	0.3	$	1.0
Statement of cash flows
Cash flows from operating leases	Net cash from operating activities	$	0.7	$	2.3
Supplemental lease information
Weighted average remaining lease term (years)				5.6
Weighted average discount rate - operating leases (1)				4.9		%

(1)

We use a secured incremental borrowing rate, as defined by ASC 842 based on an estimated secured rate with applicable adjustments, as most of our lease contracts do not provide a readily determinable implicit rate.