Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Assets And Liabilities, Leases

The following summarizes the ROU asset and lease liabilities as of March 31, 2019:

(in thousands)	March 31, 2019
Right-of-use assets	$	95,581
Total lease liabilities	118,430
Weighted Average Remaining Lease Term	7.4 years
Weighted Average Discount Rate	3.4		%

Lessee, Operating Lease, Liability, Maturity

Maturities of operating lease liabilities as of March 31, 2019 is as follows:

(in thousands)
2019	$	20,059
2020	25,441
2021	22,038
2022	18,730
2023	12,394
2024 and thereafter	36,015
Total operating lease payments	$	134,677
Less: Imputed interest	16,247
Total lease liabilities	$	118,430

Lessor, Net Investment in in Leases

The components of the Company’s net investment in leases is as follows:

(in thousands)	March 31, 2019
Lease payment receivable	$	199,760
Unguaranteed residual assets	22,243
Total net investment in leases	$	222,003

Sales-type and Direct Financing Leases, Lease Receivable, Maturity

Maturities of the Company's lease receivables as of March 31, 2019 is as follows:

(in thousands)
2019	$	23,873
2020	31,495
2021	31,431
2022	28,869
2023	22,414
2024 and thereafter	75,940
Total future minimum lease payments	$	214,022
Less: Imputed interest	14,262
Lease receivables	$	199,760