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LEASES (Tables)
 6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Schedule of Lease Expense, Remaining Lease Terms, Discount Rate and Other Information
Information regarding lease expense, remaining lease term, discount rate, and other select lease information is presented below as of June 30, 2021, and for the three and six months ended June 30, 2021 (dollars in thousands):

Three Months Ended June 30,Six Months Ended June 30,
Lease Costs2021202020212020
Operating lease expense$21,459 $21,508 $43,021 $41,482 
Short-term lease expense1,462 4,027 3,063 6,599 
Total lease expense$22,921 $25,535 $46,084 $48,081 
Six Months Ended June 30,
Other Lease Information20212020
Operating cash flows from operating leases$42,495 $38,655 
Right-of-use lease assets obtained in exchange for new lease liabilities18,299 70,993 
Lease Term and Discount RateAs of June 30, 2021
Weighted average remaining lease term (in years)(1)
6.6
Weighted average discount rate3.1 %
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(1) The weighted average remaining lease term is significantly impacted by a 15-year lease related to office space in Chicago, IL, that commenced in 2018. Excluding this lease, the weighted average remaining lease term of our agreements is 4.5 years.
Schedule of Maturity of Lease Liabilities The maturities of lease liabilities as of June 30, 2021, were as follows (in thousands):
Maturity of Lease LiabilitiesOperating Leases
Remaining 2021$35,276 
202275,020 
202361,688 
202441,950 
202531,565 
Thereafter107,570 
Total lease payments353,069 
Less: Interest(38,142)
Present value of lease liabilities$314,927