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LEASES (Tables)
3 Months Ended
Mar. 31, 2022
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 March 31, 2022, and for the three months ended March 31, 2022 (dollars in thousands):

Three Months Ended March 31,
Lease Costs20222021
Operating lease expense$21,645 $21,562 
Short-term lease expense2,460 1,601 
Total lease expense$24,105 $23,163 
Three Months Ended March 31,
Other Lease Information20222021
Operating cash flows from operating leases$21,381 $21,114 
Right-of-use lease assets obtained in exchange for new lease liabilities23,646 15,253 
Lease Term and Discount RateAs of March 31, 2022
Weighted average remaining lease term (in years)(1)
6.2
Weighted average discount rate2.9 %
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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 4.4 years.
Schedule of Maturity of Lease Liabilities The maturities of lease liabilities as of March 31, 2022, were as follows (in thousands):
Maturity of Lease LiabilitiesOperating Leases
Remaining 2022$56,877 
202376,550 
202455,069 
202539,236 
202629,482 
Thereafter89,438 
Total lease payments346,652 
Less: Interest(33,843)
Present value of lease liabilities$312,809