Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Assets And Liabilities, Leases

The following summarizes the ROU asset and lease liabilities as of June 30, 2019:

(in thousands)	June 30, 2019
Right-of-use assets	$	98,723
Lease liabilities	119,463
Weighted average remaining lease term	7.9 years
Weighted average discount rate	3.3		%

Lessee, Operating Lease, Liability, Maturity

Maturities of operating lease liabilities as of June 30, 2019 were as follows:

(in thousands)
2019	$	13,345
2020	25,055
2021	21,221
2022	18,154
2023	13,522
2024 and thereafter	45,371
Total operating lease payments	$	136,668
Less: Imputed interest	17,205
Total lease liabilities	$	119,463

Lessor, Net Investment in in Leases

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

(in thousands)	June 30, 2019
Lease payment receivable	$	259,103
Unguaranteed residual assets	28,903
Total net investment in leases	$	288,006

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

Maturities of the Company's lease receivables as of June 30, 2019 were as follows:

(in thousands)
2019	$	21,556
2020	42,696
2021	42,619
2022	37,866
2023	30,344
2024 and thereafter	93,482
Total future minimum lease payments	$	268,563
Less: Imputed interest	9,460
Lease receivables	$	259,103